Inverted C&H Points to More Downside
The outlook for the pair is still bearish because of the hawkish Fed and the ongoing challenges in Europe. Bearish View Sell the EUR/USD […]
Bearish Breakout to 0.6828 Likely
The pair will likely resume the downward trend as bears target the support at 0.6828. Bearish View Sell the AUD/USD pair and […]
Markets Balance from Major Trend Line
The only thing I think you can count on at the moment is going to be a lot of noise, as we […]
Trying to Find Support Near Major Figure
Longer term, I believe that the euro will reach parity, especially as we have almost no reason to think that in the […]
AUD Rallies to Form Double Bottom
I will only add to positions once they prove themselves. The Australian dollar rallied a bit on Wednesday to form a double-bottom […]
S&P 500 Forecast: Index Attempts Minor Recovery
I do not have a lot of faith in rallies at this point, and I do think that it is probably only […]
Index Has Minor Relief Rally
Looking at this chart, it is not till we break above the €14,250 level that I would consider going long. The DAX rallied […]
WTI Crude Oil Forecast: Pulls Back
The market is more or less going to remain a “buy on the dips” situation, but you also need to be cautious […]
CAD Pulls Back Against Japanese Yen
I will probably look at this in a day or two as value, but right now it looks like we still have […]
Trying to Return to Neutral Levels
Gold prices rebounded, benefiting from the US dollar’s retreat from recent record highs and Treasury yields slightly lowered ahead of the Fed’s […]
General Trend is Still Bullish
Despite raising US interest rates at a larger pace than expected the price of the US dollar against the Japanese yen (USD/JPY) […]
GBP/USD Technical Analysis: Cautious Ahead of BOE
The British pound may be on the way to recover against the US dollar if the Federal Reserve eases market expectations. Indeed, […]
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