Euro Currency Break-Down? Commodity Bulls Hope Not!
The recent rally in the Euro currency (EURUSD) has drawn the attention of forex traders, macro investors, and the commodities market. The latter has...
Gold Bearish Reversal Breaks Short-Term Trend Line
Gold's breakdown has violated the minor trend from December into the week's end. It has recovered some lost ground but remains below the trend...
Bitcoin Bullish Flag Breakout Points Higher
Now that Bitcoin has had a month to consolidate a bit it appears to be poised for a breakout to new highs.
The chart below...
Commodities Bulls: US Dollar Testing Important Support!
A lot has happened in the currency markets over the past year.
And important near-term trends are currently facing some big time long-term trend resistance...
Will Bitcoin Trading Reversal Lead To New Highs?
Back in December, I highlighted a bitcoin breakout and shared targets of 25120, then 36000.
That target was briefly exceeded before embarking on a deep...
Bitcoin Parabolic Rally Reversal Faces Big Test!
One of the biggest breakouts of 2020 came by way of Bitcoin. And it was epic.
The coronavirus crash saw the cryptocurrency retest its 2018...
Stock Market Outlook: Price Action Remains Bullish
The S&P 500 (SPY) finished flat on Tuesday (+0.04%), but it was actually quite a bullish day under the hood; the index saw advancers...
The Commodities Rally Hinges on a Euro Breakout!
Over the past year, there has been a lot of buzz about rising equities, the surge in Bitcoin, the strength of gold, and the...
US Dollar Low In Early 2021? (Elliott Wave Roadmap)
As we continue to follow the US Dollar Index and Invesco DB U.S. Dollar Index Bullish Fund NYSEARCA: UUP, we wanted to alert readers...
Is the US Dollar About To Collapse or Rally?
The U.S. Dollar got hit hard in 2020, declining nearly 7 percent (year over year) and as much as 12 percent from peak to...
