Tag: currency analysis
Why the Swiss Franc Currency Worth Watching Here
On March 26, I wrote a daily market update called: Swiss Franc Currency Decline Nears Pivot Support.
When I awoke and looked at the charts, I noticed in...
Is the U.S. Dollar Quietly Forming a Bearish Topping Pattern?
The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it's also the most watched.
When the dollar...
Elliott Wave: Expect Euro Currency to Continue Downward Trend
We believe the Euro is poised to continue the downward trajectory it began at the start of the year. For traders who work a...
US Dollar Index Elliot Wave Forecast: Targeting 98.00 in 2024
The US Dollar Index has been heading lower as the Federal Reserve hinted that they may be done with hawkish policy and that they...
Will US Dollar Weakness Be Bullish For Precious Metals?
A couple weeks ago, we highlighted the U.S. Dollar as an asset that was ready for a big move.
King Dollar was trading sideways and...
US Dollar Ready For Next Move; Commodities and Equities Watching!
The U.S. Dollar rally has taken a breather, with the King of the currency world trading sideways for the past several weeks.
But there is...
GBP/USD Currency Pair: Is Deep Elliott Wave Retracement Targeting 1.18?
At the start of this year, the GBP/USD currency pair was doing pretty well, going above the 1.3100 level. But then things changed as...
U.S. Dollar Double Top? Precious Metals Sure Hope So!
When the U.S. Dollar is rallying and at full strength, it is a clear headwind for precious metals like gold and silver.
But when King...
Japanese Yen (FXY) Trading At Important Elliott Wave Crossroads
If the Dollar Index makes a significant low near its present area, it would create a favorable environment for bearish trades in paired currencies...
US Dollar Deja Vu? Repeating Bearish Pattern In Play!
Recent weakness in the US Dollar has helped to propel commodities such as Gold and Silver higher.
Today's analysis showing a potential repeating pattern that...
