Shooting Star Pattern Signals Pullback
Because of the shooting star pattern, the pair will likely continue falling as sellers target the next key support at 0.6800. Bearish […]
Break & Retest Signals Breakout
The pair will likely resume the bullish trend as bulls retarget the important resistance level at 24,400, which was the highest point […]
Consolidation as Focus Shifts to FOMC
The pair will likely resume the downward trend as investors wait for the upcoming Fed decision. Bearish View Sell the EUR/USD pair […]
Inverted H&S Pattern Signals Breakout
The pair will likely have a bullish break-out in the coming days as traders wait for the latest FOMC decision. Bullish View […]
GBP/USD Forecast: Hanging Around Same Level
You should be cautious with your position size, and it’s almost not worth trading unless we see some type of change in attitude. […]
Euro Recovers After Initial Plunge Friday
Right now, short-term traders will probably try to pick this market up, but I have no interest in trying to pick a bottom here. […]
Index Bounces from 200-Day EMA
I think in the short term, we are more likely than not going to continue to go sideways, but keep an eye […]
Markets Continue to Attempt Recovery
The Federal Reserve will probably be the catalyst one way or the other. Gold markets rallied again on Friday as we have […]
Index Gives Up Early Gains
This week will be crucial for the outlook over the next several months. The NASDAQ 100 initially tried to rally on Friday but gave […]
USD Gives Back Strength Against JPY
I do not have any interest whatsoever in trying to short this market anytime soon. The USD/JPY pair initially tried to rally […]
Australian Dollar Touches 50-Day EMA
I will begin a short position at the first signs of a breakdown, but I will do so with a very small position initially. The AUD/USD […]
Index Pulls Back from Crucial 4000 Level
Volatility breeds negativity. The S&P 500 fell Friday after initially trying to break above the 4000 level. By doing so, it shows […]
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