Euro Breaks Down from Rising Wedge
As long as the Federal Reserve has to remain tight, the US dollar will continue to appreciate. The euro fell on Friday […]
Massive Reversal After Inflation Numbers
I would be cautious about my position size, but I certainly only have one direction in mind. The gold market had initially fallen […]
NASDAQ 100 Forecast: Index Continues to Drop
Technology stocks need low interest rates to attract growth-oriented traders, so this index is going to struggle. The NASDAQ 100 fell hard […]
Index Gets Hammered into Weekend
Ultimately, I think this is a market that will be noisy, but every time we rally, I’m looking for signs of exhaustion […]
DAX Forecast: Index Breaks Down
Things are going to get ugly, and the DAX is just one of many indices that has to deal with the ugliness […]
Australian Dollar Continues to Look Lower
The pair will more likely than not continue to be choppy, so keep that in mind when putting money to work. The […]
Looking for a Bullish Bottom
Our expectations suggest a return to the rise of natural gas during its upcoming trading. Spot natural gas prices (CFDS ON NATURAL […]
Gold Technical Analysis: Beware of Profit-taking Sales
Gold futures turned strongly positive, stunning many traders and analysts, as higher-than-expected US inflation sent investors to the safe-haven assets. The yellow […]
USD/JPY Technical Analysis: More Bullish Breaches
The strong and continuous signals for the future of raising US interest rates throughout 2022 contributed to the continuation of the bullish […]
GBP/USD Technical Analysis: Downside Momentum Strong
The pound fell against the dollar GBP/USD after US inflation outpaced the Fed’s view of the market. Accordingly, the price of the […]
EUR/USD Technical Analysis: Awaits Important Trading Week
The hopes of euro investors quickly evaporated in the recent hawkish statements from European Central Bank officials headed by Lagarde about the […]
Dow Jones Technical Analysis: Index Deepens its Losses
Our negative expectations are still surrounding the index during its upcoming trading. The Dow Jones Industrial Average declined during its recent trading […]
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