Aussie Breaks Below the 50 Day EMA
As long as risk appetite is all over the place, the Australian dollar will be the same. The Australian dollar has fallen […]
Index Breaks Through 50-Day EMA
Expect volatility, and as the VIX is rising, that will only be yet another reason to think that this market will continue […]
Bitcoin Breaks Through 200-Day EMA
Keep in mind that Bitcoin is also a risk asset, so we need to have a “risk-on” type of attitude. The Bitcoin […]
Price Breaks Through Major Trendline
At this point, I think that we will continue to see a lot of downward pressure, so I have switched from buying […]
German Index Breaks Through Support Level
The market has recently been consolidating, and now it looks as if we have finally run out of momentum. The DAX fell […]
Euro Breaks Through Minor Support
This is a market that I think is going to test the lows, and if we can break down below that area, […]
Index Breaks Back Below 4600
Perhaps we have further to go, and therefore I would anticipate that there might be a bit of selling in the short […]
Index Breaks Through 50-Day EMA
Right now, about the only thing that the DAX has going for it is that the euro is so cheap. The German […]
Euro Breaks Higher Based Upon Rumors
I still think that it is easier for the euro to fall than rise, but that does not necessarily mean we will […]
Pandemonium Surges as Resistance Breaks Once Again
The USD/JPY has broken higher again in early trading as the week has begun, and speculators need to prepare for wicked volatility. […]
Bitcoin Breaks Out of Major Consolidation
Expect a lot of noisy behavior on short-term charts, but we have clearly made a statement during the Monday trading that Bitcoin […]
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