Gold Technical Analysis: Gold Price Breaks Peak
During yesterday’s trading, the price of gold recorded the psychological resistance level of 1800 dollars per ounce, the highest in more than […]
Crude Oil Finally Breaks Down
Rallies more likely than not will set up for selling opportunities for those who are patient enough to look for signs of […]
Pound Breaks Above 50-Day EMA
I’m looking for an opportunity to fade this short-term bounce. The GBP/USD currency pair rallied a bit Monday to break above the […]
Price Breaks Through 200-Day EMA
I think we will continue to see a lot of noisy behavior more than anything else so short-term trading probably is the best way […]
USD Breaks Through Bottom of Channel
In the short term, it may be more or less a situation where you observe and then jump on the first reasonable […]
Index Breaks Down to 50-Day EMA
This is a market that I think is more negative than positive, but over the next 24 hours it’s likely that we […]
Bitcoin Breaks Out of Consolidation
I do believe that Bitcoin will turn around eventually, I just don’t know that it’s that time quite yet. BTC/USD rallied a […]
Index Breaks Out of Descending Channel
This is a market that I think given enough time will have to pay attention to lack of liquidity, and of course a […]
Ethereum Breaks Out on Merge Hopes
Ultimately, a lot of this will come down to risk appetite which had been overdone so it does make sense that this […]
Aussie Breaks Through Major Support
It makes no sense at this pair would rally for any significant amount of time. The Australian dollar fell hard Monday to […]
Euro Breaks Through Bottom of Hammer
You have to pay close attention to rallies as potential selling opportunities. The euro broke down significantly Monday as we have broken […]