US Dollar: Long Term Prospects Look Good
For six and a half years the US Dollar Index (DX) has trended sideways. The technical signs on the wall favor this trend resolving...
US Dollar Index And Select USD Pairs Trade Setups
The week is starting off with some modest USÂ Dollar Index (DXC) weakness, but nothing that was unexpected. However, I have adjusted the wave count...
Euro: Did Time and Price Square Out Call A Bottom?
The European economy has been a bit of a mess for a while now, and the Euro got slammed for it. After a steep...
US Dollar Strength Continues: Weekly Close Important
The US Dollar has continued to punish those that bet against it. It has been overbought for some time but as most seasoned investors...
3 ETFs For Trading Japanese Equities Amid Yen Weakness
There have been a couple of developments in the Japanese markets that traders are (or should be) monitoring. In the equity markets, there is a bullish consolidation...
Euro: Now Trading At Its Most Oversold, Ever
The EUR/USD Selloff Continues Unabated, But A Historic Extreme In Short-Term Momentum Signals A Euro Relief Rally May Be At-Hand.Â
EUR/USD tagged its lowest 14-day...
USDJPY Breaking Higher: Will Bond Yields Play Catch Up?
Traders, I'd like to share an interesting inter-market relationship with you this morning. In the chart below, I've tracked the USDJPY vs the 10 Yield...
Are Gold Prices Taking Cues From The Swiss Franc?
Three years ago yesterday, I shared a chart highlighting why Gold may underperform for years to come. The chart looked at the correlation between...
EURAUD: A Case for the Copsey Modified Elliott Wave
As you all may know from previous posts about how I analyze and use harmonic patterns, I often look for patterns in the larger...
The US Dollar Index Is Nearing A Major Resistance Level
Today I'd like to break down some key Fibonacci levels on the US Dollar Index.
Let’s start with a longer-term view of the US Dollar....