Aussie Approaches the 200-Day EMA
The fight over the next week or so could determine where the Aussie goes longer-term. The AUD/USD currency pair has rallied significantly […]
EUR/USD Forecast: Euro Reaches 50-Day EMA
The Europeans are going to struggle to keep the lights on, and that has a lot to do with economic output. The […]
USD Hanging Around the 50-Day EMA
I suspect that by the time we are done with the Wednesday session, we may have a bit more clarity. The USD/JPY […]
Markets Pull Back from 50-Day EMA
This remains a market you need to be very cautious about position sizing. Gold markets fell hard Friday as the jobs number […]
USD Pulls Back From the 50 Day EMA
If you are an investment banker or a trading firm, you are hoping for poor employment numbers. The US dollar has pulled […]
Price Hangs Onto 200-Day EMA
The problem is that markets are trying to price in a recession, but at the same time trying to pressure the Federal […]
Pound Breaks Above 50-Day EMA
I’m looking for an opportunity to fade this short-term bounce. The GBP/USD currency pair rallied a bit Monday to break above the […]
Price Breaks Through 200-Day EMA
I think we will continue to see a lot of noisy behavior more than anything else so short-term trading probably is the best way […]
WTI Crude Oil Forecast: Walking Along 200-Day EMA
I’d be looking to fade short-term rallies, but I would not get married to any position. The West Texas Intermediate Crude Oil […]
BTC/USD Forecast: Bitcoin Reaches 50-Day EMA
I will more likely than not be looking at a breakdown to start buying. The Bitcoin market rallied ever so slightly Wednesday […]
Index Breaks Down to 50-Day EMA
This is a market that I think is more negative than positive, but over the next 24 hours it’s likely that we […]
WTI Crude Oil Forecast: Threatening 200-Day EMA
The more volatility, the more likely we are to pull back. The West Texas Intermediate Crude Oil market initially fell on Monday […]