Turkish Lira Drops Sharply, US Bank Stocks Hit Hard
The Turkish Lira dropped 18% in relation to the US dollar on Friday morning, as tensions rose between the Turkish and American governments.
Turkish President...
Is It Time To Cash Out On Your Currency Trades?
If you traded long the U.S. Dollar or shorted another currency based on our January post or our more recent update in May, it's time...
Are Commodities About To Follow The Japanese Yen Lower?
Over the past 9 years, the Japanese Yen (NYSEARCA:FXY) and Commodities have followed one another higher and lower.
The correlation can be found in the...
Potential Bearish Trade Setups For The Euro
Euro futures are following the bearish path we described as the main scenario when we last wrote about this topic in January.
This post highlights...
This US Dollar Pattern Could Spell Trouble For Precious Metals!
The currency markets could be setting up for a big move.
And this could have big time effects on the other markets, like precious metals.
It...
Weekly Market Trends Update: Pause Possible, But Bull Alive
The stock market has stalled out and traded sideways for several days.
Is it ready to turn lower, or simply consolidating? Today, we take a...
Brazilian Real Should Consolidate Before Declining Again
Following our article about Brazilian stocks posted a few days ago, we wanted to show a chart for the Brazilian currency – the Real.
As with...
Research Spotlight: Emerging Markets Currency Concerns
Despite a recent pullback, the US dollar has firmed up a bit in 2018. A strong US economy helps, as does a Federal reserve...
US Dollar: Bearish Reversal Pattern Could Bring Weakness
Several weeks back, we highlighted why the US Dollar might be due for a rally... and how this could slow the rise in precious...
British Pound Following Elliott Wave Downward Forecast
With two strongly declining months in a row, the British Pound appears to be embarking on the decline we forecast in our post last...
