Bitcoin Bulls Might Be Getting Nervous (Elliott Wave Analysis)
With the U.S. Dollar Index poised to embark on the next leg of its climb, as we highlighted in our currency post earlier this month,...
Elliott Waves: Gold Rallying As US Dollar Hits Resistance
The US Dollar Index appears to be turning lower due to speculation that the Federal Reserve may not withdraw stimulus as fast as first...
Australian Dollar (Aussie) and Kiwi Elliott Wave Analysis
The aussie dollar (AUD) and Kiwi dollar (NZD) decline on lockdowns and lower stock prices.Â
Could this be an A-B-C drop on a daily charts;...
Can Key Sectors Along With Bitcoin Hold Support?Â
The Economic Modern Family now has 5 members sitting in a confirmed cautionary phase.
A cautionary phase is defined by the 50-Day moving average stacked...
Australian Dollar Decline A Bearish Sign For Commodities
When the Australian Dollar "moves", so do commodities. And this time the Australian Dollar "aussie" could be sending a bearish message to commodities.
Today's chart...
New Zealand Dollar (Kiwi) Currency Pairs Elliott Wave Analysis
The New Zealand Dollar currency is still navigating its way through some general weakness.
Today we look at Elliott wave analysis on some currency pairs...
4 Trading Scenarios For Bitcoin
After remaining rangebound in the 30K-42K range for three months, Bitcoin has now broken that range to the upside. The bearish momentum divergence that has...
$GBPUSD Elliott Wave Analysis Points To Reversal Higher Soon
The British Pound appears ready to strengthen versus the US Dollar soon, if this Elliott wave analysis plays out to forecast.
Following an A-B-C correction,...
Bitcoin Eyes Phase Change After Clearing 200-Day Moving Average
Monday, Bitcoin cleared its major moving average while Ethereum, the second-largest cap currency, tested its new support level at $2900.
For the moment, this shows...
Yen ETF (FXY) Nearing Reversal, Currency Set For Further Decline
If the U.S. dollar is poised to regain its upward trend, as we believe, it suggests a bearish trading outlook for the currency pairs...
