News
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The Pound Is Breaking Out, It’s Not Too Late To Get In
Brexit Certainty Grows The British Pound is on the move. The pound has broken out versus the U.S. dollar and setting new highs versus the Eurodollar. While economic…
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The Bitcoin Market Is Turning Bullish
The Bitcoin Market Is Turning Bullish, But How Long Can It Last? The Bitcoin market has been drifting lower desperately in search of support for some time. The…
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USD/JPY Forecast: Hong Kong Elections Fuel Risk On Appetite
An Unlikely Catalyst The relationship between Hong Kong and the U.S. dollar is tenuous at best and yet the one is leading to a rally in the other.…
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Forex Market Outlook; EUR/USD and GBP/USD Are Poised To Move Lower
All Wound Up And Waiting For A Catalyst The currency market is getting wound up and that is a great thing for traders. The amount of confusion in…
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Cryptocurrency Market Outlook; Bitcoin Is Dragging Them All Lower
No Catalysts In Sight; Bitcoin Moves Lower With no catalysts in sight it is very likely Bitcoin will move lower. As Bitcoin goes so too does the Cryptocurrency…
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The Charts Say; Go Long The Dollar Now
The U.S. Dollar Index Is Back To Support The U.S. Dollar Index (DXY) has been effecting a textbook double-bottom reversal over the past month. This bottom was driven…
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Bitcoin Bulls Reject Break Out; New Lows On The Way
Bitcoin Break Out Rejected By Bears, Bulls In Trouble Bitcoin made a solid advance over the weekend in what at first looked like a solid bounce from support.…
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The Dollar/Dollar Forecast; The Bulls Are Back In Charge
Double Bottom Is Confirmed, A Retest Of Highs Is At Hand The FOMC have done their work. The committed said it won’t raise or lower rates without a…
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Cryptocurrency Forecast;There Is A Bottom In Place For Ethereum, XRP, and EOS
Cryptocurrency Market Simmers, Waiting For Catalyst With Bitcoin prices wallowing at their new support level traders are waiting for the next catalyst. The most likely culprit will be…
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US Dollar Forecast; This Is A Make Or Break Moment For The Bulls
The US Dollar Forecast Is Bullish The U.S. dollar forecast is bullish. The index has been under pressure in recent weeks but that is over. The FOMCs new policy…
