Tag: currency analysis
Euro Currency: 2026 Peak and Turn Lower (Elliott wave analysis)
The Euro is nearing important price resistance, and we believe there is potential for a downward reversal that would take it to new lows.
Today...
US Dollar Breaks Down; New Lows Forecast
The US Dollar currency has come under pressure lately and it isn't showing any signs of abating.
The dollar broke its uptrend line this week...
Is U.S. Dollar Topping Pattern Pointing To Broader Concerns?
The U.S. Dollar Index rallied sharply into inauguration day. Since then, it's been very weak.
Could things get worse for King Dollar?
Today, we share a...
US Dollar Index Attempting Bullish Reversal Higher
The US Dollar Index (DXY) is turning up from its rising 50-day moving average.
The reversal also comes from a confluence of technical support.
Our trading...
US Dollar Rally Near Critical Inflection Point!
In a world where the US Dollar still makes the world go round, it's vitally important that investors pay attention to potential pivot points...
Is the Japanese Yen Oversold and Ready To Rally?
The Japanese YEN has been weak versus the US Dollar over much of the past 2 years.
However, that trend could coming to an end...
US Dollar Set For Further Weakness Post-Election?
The US Dollar is the world's reserve currency and, as such, it garners a lot of attention from traders, investors, and media.
Out-sized moves in...
The U.S. Dollar, Loonie and the Hedge Conundrum
Summary: The U.S. Dollar (USD) has risen a lot lately against most currencies including the Canadian Dollar (CAD). There are many economic/yield reasons for...
Gold Rally Reaches Price Target Near $2800
Gold continues to show strength in October. In fact, gold has been strong all year.
Much of the strength in gold and precious metals comes...
Is The Japanese Yen Reversing Upward? (Elliott wave analysis)
After more than a decade of decline, the Japanese Yen might have found durable support.
If the downward Elliott wave structures are indeed complete, then...
