Hammer Pattern Signals More Upside
Because of the hammer pattern, the pair will likely continue rising as bulls target the key resistance level at 1.0480. Bullish View […]
Bitcoin Continues to Show Weakness
I do think that eventually it will become bullish again, but that might be a story for 2025 or so. Bitcoin struggled again Friday […]
AUD/USD Forecast: Australian Dollar Plunges
I’m looking for signs of exhaustion that tell me it’s time to start picking up “cheap US dollars” again. The Australian dollar […]
Index Bullish to Close Out Week
We should continue to see plenty of resistance. The Parisian CAC Index had a relatively strong session on Friday, engulfing the Thursday […]
Index Bounces After Sluggish Start
I believe in selling rallies at this point, but we may get a short-term bounce. The German DAX stock market initially fell […]
Euro Finds Buyers Below 1.04
This pair does tend to be very choppy and sluggish most of the time, so you have to simply be set up […]
S&P 500 Forecast: Noisy Friday Session
I anticipate that at the first signs of exhaustion traders will willingly jump into this market and start shorting again. The S&P […]
Price of Gold will Hold Out
Amidst the strength of the US dollar, gold futures fell below the $1,800 level, despite rising inflation and growing recession fears. Although […]
Price of Japanese Yen Still Low
Despite three trading sessions during which the price of the USD/JPY pair was subjected to selling operations, it moved towards the 134.75 […]
GBP/USD Technical Analysis: Bearish Breakouts Not Over
At the end of last week’s trading, the price of the GBP/USD pair fell below the 1.2000 psychological support, with losses to […]
EUR/USD Technical Analysis: Sharp Bearish Stability Ahead
The trading of the last week of June was harsh for the price of the euro/dollar pair, as it fell to the […]
Inflation Rising to 34-Year High
Today’s recommendation on the lira against the dollar Risk 0.50%. The buy trade of the recommendation was activated on Thursday, and a […]
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