Euro Gives Up Early Gains After BCE
The market breaking down below the parity level opens up massive selling, and I will see it as being a trigger if […]
The British Pound Has a Sideways Day
Each short-term rally will be a nice shorting opportunity as it allows you to pick up “cheap US dollars.” The GBP/USD currency […]
Bitcoin Pulls Back From the 50 Day EMA
The $28,000 level is going to cause a significant amount of resistance, as it was a previous support barrier. The Bitcoin market […]
Ethereum Has a Quiet Thursday
Ultimately, looking for some type of exhaustion to start shorting will be the best way going forward. Ethereum continues to hang around […]
Aussie Continues to Flirt With 0.69
At this point, if we break down below the hammer from last week, then the market could go flushing much lower. The […]
Crude Oil Plunges to the 200 Day EMA
Ultimately, the only thing you can do to protect yourself is the trade smaller position sizes. The West Texas Intermediate Crude Oil […]
Index Reaches Toward the 4000 Level
The close on Friday is going to be crucial as to how we behave over the next couple of weeks. The S&P […]
Index Continues to Power Ahead
It’s probably best to see what the weekly candlestick ends up looking like before putting any money to work. The NASDAQ 100 […]
Massive Turnaround at a Major Support Level
If we do break it down below the $1680 level, then it is likely that things fall apart, and you can become […]
Aussie Rebound to 0.700 Likely
The pair will likely resume the bullish trend as buyers attempt to test the 50% retracement level at 0.6988. Bullish View Set […]
Brief Pullback to 22,600 Likely
While the bullish trend will continue, the pair will likely pull back and retest the support at 23,000 and then resume the […]
Ethereum Hovers After Breaking Out
I would anticipate Ethereum to be very noisy, but if you have been trading crypto for any length of time, you also […]
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