Bitcoin Forecast: August 2022
As the month of July is ready to close BTC/USD has produced a more positive trajectory, but gains have proven incremental and […]
NASDAQ 100 Forecast: August 2022
Pay close attention to the US dollar, because it should have a relatively high negative correlation. The NASDAQ 100 tried to recover […]
EUR/USD Forecast: August 2022
I have absolutely no interest in buying the euro until it breaks above the 1.06 level. The EUR/USD pair has been on […]
GBP/USD Forecast: August 2022
Expect volatility to pick up not only in this market, but other markets as well. The GBP/USD currency pair has been hanging […]
S&P 500 Forecast: August 2022
I think fading rallies will more likely than not the way going forward. The S&P 500 rallied a bit heading into the […]
WTI Crude Oil Forecast: August 2022
In general, this is a tough time to be trading crude oil. The West Texas Intermediate Crude Oil market was all over […]
Aussie Gives Up at a Familiar Level
The only thing you can count on is a lot of volatility, especially as the commodity market in China has such a […]
Boost From Perceived Fed Dovishness
In the short term it’s difficult to short this market. The gold markets have rallied rather significantly for the second day in […]
Another Drop to Parity Highly Likely
Bearish view Set a sell-stop at 1.0100 and a take-profit at 1.000. Add a stop-loss at 1.0200. Timeline: 1 day. Bullish view […]
Hanging onto Major Support Region
I believe this is a market that will continue to struggle in the face of higher interest rates, and of course, the […]
H&S Pattern Points to a Drop to 20,000
There is a sense that Bitcoin and other cryptocurrency prices have seen their worst period this year. Bullish view Set a buy-stop […]
USD Trades in Channel Against Yen
I will be looking for this market to show signs of a bounce, and then will get long again. The USD/JPY pair […]
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