Bullish Bitcoin Headlines Swirl, But Price Rules the Narrative
The most recent bitcoin rumor hot off the press is that the US Securities and Exchange Commission (SEC) may create a national $BTC reserve.
This has...
US Dollar Index Attempting Bullish Reversal Higher
The US Dollar Index (DXY) is turning up from its rising 50-day moving average.
The reversal also comes from a confluence of technical support.
Our trading...
US Dollar Rally Near Critical Inflection Point!
In a world where the US Dollar still makes the world go round, it's vitally important that investors pay attention to potential pivot points...
Is the Japanese Yen Oversold and Ready To Rally?
The Japanese YEN has been weak versus the US Dollar over much of the past 2 years.
However, that trend could coming to an end...
US Dollar Set For Further Weakness Post-Election?
The US Dollar is the world's reserve currency and, as such, it garners a lot of attention from traders, investors, and media.
Out-sized moves in...
Bitcoin ETF (IBIT) Triggers Bullish Buy Signal With Higher Price Target
After a prolonged consolidation, Bitcoin has re-asserted its market leadership this week.
The crypto king has broken out of a flag-like consolidation pattern and looking...
The U.S. Dollar, Loonie and the Hedge Conundrum
Summary: The U.S. Dollar (USD) has risen a lot lately against most currencies including the Canadian Dollar (CAD). There are many economic/yield reasons for...
More Treasury Bonds Selling Ahead? Watch the Japanese Yen!
The U.S. treasury bond market is one of largest and most important in the world. And with interest rates becoming a daily topic of...
Is The Japanese Yen Reversing Upward? (Elliott wave analysis)
After more than a decade of decline, the Japanese Yen might have found durable support.
If the downward Elliott wave structures are indeed complete, then...
The Euro’s Likeliest Path is Downward (Elliott wave forecast)
The Euro has remained in a consolidation zone since we last wrote about it in April, but we think nearby resistance will be difficult to...
