Another Move Higher as Resistance Proves Vulnerable
The USD/MXN continued to move higher and touched values not seen since the second week of March, as the currency pair reacted […]
Long-Term Lows Sighted as Bearish Trend Intensifies
The NZD/USD made new long-term lows yesterday, and the currency pair is challenging values not seen since May of 2020. The NZD/USD […]
Back and Forth Session on Wednesday
It’s not surprising that we seem to be running in circles. The DAX went back and forth on Wednesday as we continue […]
ETH/USD Forecast: Ethereum Has Slight Bounce
It’s only a matter of time before we drop, or in the best scenario could see a lot of sideways action. The […]
Euro In Trouble Ahead of US Inflation Data
The pair will likely keep falling as sellers target the next key support at 0.9950. Bearish view Sell the EUR/USD pair and […]
Sterling to Retreat to 1.1750 as Sell-Off Intensifies
The pair will likely resume the bearish trend as sellers target the second support at 1.1738. Bearish view Sell the GBP/USD and […]
Index Continues to Grind Lower
The fact that we are in a down-trending channel suggests that we have quite a bit of structure in this market that […]
Crude Oil Testing the 200 Day EMA Again
At this point, we are seriously threatening the previous uptrend. The West Texas Intermediate Crude Oil market has fallen rather hard during […]
DAX Continues to Test a Major Support Level
In the time being, this the DAX will continue to be noisy, and probably a bit soft. The DAX has pulled back […]
The Euro Bounces From Parity
It’s likely that we see more downward pressure. The Euro fell a bit to the parity level during the trading session on […]
Index Continues to See Choppy Behavior
If we do see a shot higher, it might be an opportunity to get short yet again. The S&P 500 has gone […]
AUD/USD Forecast: Aussie Attempts to Recover
I have no interest in buying this pair, at least not until we break above the 0.70 level, and we have some […]
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