Is King Dollar Creating A Bullish Head & Shoulders Pattern?
King Dollar is a major player in the financial markets. And its moves are especially important to commodities and emerging markets.
Well, portfolio managers and...
Brazilian Real Should Consolidate Before Declining Again
Following our article about Brazilian stocks posted a few days ago, we wanted to show a chart for the Brazilian currency – the Real.
As with...
The COT Report: Euro Futures Hit By Dovish ECB
The following chart and data highlight non-commercial commodity futures trading positions as of June 12, 2018.
This data was released with the June 15 COT...
Research Spotlight: Emerging Markets Currency Concerns
Despite a recent pullback, the US dollar has firmed up a bit in 2018. A strong US economy helps, as does a Federal reserve...
US Dollar: Bearish Reversal Pattern Could Bring Weakness
Several weeks back, we highlighted why the US Dollar might be due for a rally... and how this could slow the rise in precious...
US Dollar Crossroads: Weighing the Bull and Bear Case
Our Two Cents on the Dollar
“There are benefits of where the dollar is and there are costs of where the dollar is,” Mnuchin said...
British Pound Following Elliott Wave Downward Forecast
With two strongly declining months in a row, the British Pound appears to be embarking on the decline we forecast in our post last...
The Euro Slide Continues, Cycles Point To Mid-June Bottom
The euro fell as low as 1.3% to near the 1.15 level on Tuesday morning before bouncing off the low.
Over the weekend, Italian President...
The Euro (EURUSD) Is Nearing Important Yearly Pivot Support
The slide in the Euro currency (EURUSD) may be coming to an end.
That's because the EURUSD is nearing important yearly pivot support.
Expect strong support...
S&P 500 Trading Update: Stocks Stall, Upside Limited
S&P 500 Trading Outlook (1-2 Days): MILDLY BEARISH
Tough call here on a 2-3 day basis as US equities have been sideways for five days.
That said,...