Relief to 21,000 Likely to Happen
Bitcoin will likely continue pulling back as investors buy the dip. If this happens, it will likely retest the lower side of […]
Bearish Breakout to 0.9800 Possible
A move above the resistance point at 1.0070 will invalidate the bearish view. Bearish view Set a sell-stop at 0.9950 and a […]
Yesterday’s Bank Holiday a Potential Future Signal
The GBP/USD fell to long term lows yesterday, but the trading occurred as a bank holiday was being celebrated in Britain. The […]
Turkish President Reassures the Market
Investors followed the statements of Turkish President Recep Tayyip Erdogan, in which he tried to reassure local markets. After significant declines in […]
Brazilian Real Tempts Traders with Intriguing Range
The USD/BRL has produced another round of head scratching trading results, as it finished yesterday near technical lows. The USD/BRL traded near […]
GBP/USD Technical Analysis: Ignoring Oversold Signs
There is no change in my technical view for the performance of the GBP/USD pair. At the beginning of this week’s trading, […]
USD/JPY Technical Analysis: Approaching Psychological Level
I expect the USD/JPY currency pair to remain within its ascending channel range until the US job numbers are announced by the […]
ETH/USD Forecast: Bounces Again on Monday
Ethereum has recently been a little bit negative but previously had seen a massive move higher based upon the idea of “The […]
EUR/USD Technical Analysis: Stability Price Supports Bears
Even with the prospect of a big interest rate hike by the European Central Bank in September rising, the euro has struggled […]
Gaps Lower but Turns Around
I don’t necessarily think that this market is ready to take off to the upside, and I do anticipate that it is […]
Breaks Back Above the 200-Day EMA
I do believe that the longer-term outlook for crude oil is probably going to be very dependent on GDP figures, and central-bank […]