The British Pound Is Nearing Elliott Wave Trading Resistance
In our April post about the British Pound, we suggested that it should climb a bit higher to test an important resistance zone before...
Euro Currency Update: Decline Likely From Nearby Resistance
If you saw our recent post charting the leading U.S. Dollar ETF (NYSEARCA:UUP), you know we expect the Dollar to resume its advance soon....
The COT Report: 3 Charts For Commodities Traders (June 2)
The following are non-commercial futures trading positions as of May 30, 2017.
Note that the data were released in the June 2 COT Report (Commitment of...
Gold Trading Indicator Nears First Bullish Message In 6 Years
During the past 6 years, Gold bugs have seen opportunities come and go in a struggle to recoup the gold bull market magic of a decade...
3 Charts That Traders Should Be Watching Right Now
The final trading day of May is seeing waving US Futures markets and flattish European and Asian markets.
The US Equities market is set to finish...
US Dollar Bullish ETF ($UUP) Looks Ready To Bounce
With the minor decline in the U.S. Dollar Index (CURRENCY:USD) during recent weeks, it looks as though the alternate scenario we wrote about in...
Bitcoin’s Parabolic Move Slowed By Cluster Of Price Targets
Going back and looking at trading chart patterns with a “coulda shoulda woulda” eye can be annoying.
So forgive me for the following Bitcoin (CURRENCY:BTC)...
USD vs CHF Currency Pair: Is The Dollar Swissy About To Rally?
The US Dollar (CURRENCY:USD) has come under pressure lately. But the currency pair of the US Dollar vs Swiss Franc (CURRENCY:CHF) is testing a...
Currency Market “Shift” At Play? US Dollar Breaking Key Support
The US Dollar (CURRENCY:USD) has shown strength versus the Euro (CURRENCY:EUR) since 2008, with the "meat" of that strength coming in the last 3 to...
The COT Report: Gold, Crude Oil Rally But Data Mixed
The following is a recap of the recent Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at Commitment...
