Inverted C&H and Rising Wedge Patterns
There is a likelihood that the pair will have a pullback in the next few days. Bearish View Sell the EUR/USD pair and set […]
Aussie Still Has Path to 0.6850
The outlook of the pair is bearish, with the next key support level being at 0.6850. Bearish View Sell the AUD/USD pair […]
EUR/USD Forecast: Price Continues Noisy Behavior
I think we are more likely than not going to see a lot of chop, with more of a proclivity to drop. […]
British Pound Continues to Cause Headaches
The only way I see this changing for a bigger move to the upside is if we see a complete roundabout by […]
DAX Forecast: Index Breaks Down
Ultimately, we are in a downtrend and I just don’t see that changing anytime soon. The German DAX Index fell rather hard […]
MATIC/USD Forecast: Polygon Bounces for Session
One of the biggest mistakes crypto traders make is that they forget they are trading against the US dollar, so they are essentially Forex traders. […]
Index Gives Back Gains at 3800 Level
In general, I just don’t see any reason to buy this market. The S&P 500 rallied a bit on Wednesday to reach […]
CAD Recovers After Initial Selloff
Ultimately, I think we will break out and I don’t have any real interest in trying to short this pair anytime soon. […]
WTI Crude Oil Forecast: Price Pierces Uptrend Line
Be cautious about jumping in with a huge position until you get reasonable confirmation for your trade. The West Texas Intermediate Crude Oil […]
Signs of Consolidation Near Dangerous Support Ratio
ETH/USD continues to traverse in a rather tight price range early this morning, giving speculators a chance to test their short term […]
Quick Trading Results Remain Speculatively Alluring
SOL/USD is trading near short-term highs in early trading this morning, and the ability of Solana to produce rather quick results on […]
Price of the Euro is Stable
The Governor of the US Central Bank, Jerome Powell, reiterated his bank’s intention to raise the pace of increasing US interest rates […]