Bitcoin Volatility Picks Up Near Important Price Support
Bitcoin prices are pulling back in January following an historic run last year.
Clearly smart money has been taking some gains as the red hot...
US Dollar Drawdown Gets Ugly: What Are The Implications?
The US Dollar Index is in the midst of its second-longest drawdown streak since early 2009-2010.
The US Dollar is now 13 percent off its...
US Dollar ETF (UUP): Elliott Wave Favors Resumption Of Bull Trend
When the US Dollar Index and the related ETF (UUP) fell through the support levels we mentioned in our post last May, it signaled...
Gold/Dollar Ratio Testing 800 Pound Resistance Here!
It's been a while since gold bulls were able to celebrate something more than a swing trade.
Will 2018 bring gold bulls the breakout they've...
US Dollar Decline Targets Major Chart Support
Just two weeks ago, I identified a key price support level for the US Dollar Index (and the currency markets) to start 2018.
That level...
Bitcoin Trading Outlook For 2018: Yearly Pivot Points
2017 was a breakout year for Cryptocurrency. Bitcoin, Ethereum, Litecoin and others rocketed higher as the message spread.
Will the trend continue in 2018?
Today we'll...
Euro Currency Trading Spotlight: 2 Elliott Wave Scenarios
Following our post about the Yen ETF earlier this week, next up on our trader's radar is the Euro/Dollar currency cross. While the Yen...
Bitcoin Price Compression: Breakout or Breakdown Coming?
Bitcoin has taken the financial markets by storm over the last year. But bitcoin prices are nearing an important juncture on the charts.
So prepare...
Macro To Micro Trading Update: Market Themes & Insights
Note that this post went out to my “Gone Fishing” newsletter subscribers this weekend. You can subscribe here.
Reflections and Inflections
The Bloomberg Commodity Index started the...
Japanese Yen Currency (FXY) Forecast: Breakdown Alert
As traders start coming back to their screens after the holidays, we are posting some longer-term forecasts for several of the markets we follow.
Near...
