USD Continues to Fight Near 50 Day EMA
The nice thing about this pair is it does tend to trend quite nicely. The US dollar has fallen a bit during […]
USD Attempting to Break Through Resistance
Pay attention to emerging markets, Latin America, and of course soft commodities to get an idea of how the Brazilian real may […]
Euro Stoxx 50 Forecast: Tightening Consolidation
It is not until we clear the €3800 level that I might be willing to take a crack at this to the […]
Bearish Move to 37,000 Likely
There is a likelihood that the pair will continue falling as bears target the lower side of the channel at about 37,000. […]
Drop to 70 Cents Likely Ahead of FOMC
The pair will likely continue falling ahead of the Fed decision. Bearish View Sell the AUD/USD pair and set a take-profit at […]
Australian Dollar Gives Up Early Gains
In general, this still looks to be a “fade the rally” type of market, but things could change depending on what Jerome […]
Euro Gives Up Early Gains on Tuesday
The next 24 hours could be rather quiet followed by a significant amount of negative pressure. The euro initially rallied on Tuesday […]
Index Trying to Save Itself
I would be very cautious between now and closing on Wednesday. The S&P 500 rallied a bit on Tuesday to continue the […]
WTI Crude Oil Forecast: Consolidating in Massive Triangle
The market is more likely than not going to continue to see buyers on dips, as we have seen for quite some […]
ZCash Forecast: Trying to Stabilize
I do not have any interest in trying to get too cute with this market though, so I am more than willing […]
Gold Forecast: Respecting the 200-Day EMA
The only thing you can do at this point is to keep your position size relatively small, and only add to your position when […]
Bitcoin Looks Likely to Fall
When I look at this chart, it is obvious that there are a lot more resistance areas above than there are support […]