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Euro Currency In Big Trouble If This Support Fails! (Markets Watching)

There is a lot of economic change/concern brewing at home and across the Atlantic Ocean in Europe right now. With the war in Ukraine...
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US Dollar Overheated, Time For Consolidation (Elliott wave analysis)

Before we enter into a currency trade, we first want to know what the Dollar Index is doing. Having a good forecast for DX...
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Japanese Yen (FXY) Nearing Major Elliott Wave Low

If you took advantage of our bearish forecast for the Japanese Yen last summer, it's time to start thinking about how to take profits. The recent...
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Commodities Index Ready To Break Out? Watch Australian Dollar!

In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities. Today, we look at both - The...
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US Dollar On Breakout Alert: Will 3rd Time Be A Charm?

The US Dollar currency has rallied sharply over the past year. Is it time to give King Dollar his crown back? Looking at today's long-term chart,...
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Stock Market Outlook Brightens on Persistent Buying

The S&P 500 rallied 1.61% and proved out the theory that the day after the tax filing deadline has tended to be more bullish...
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Bitcoin Scare Tactics and Where it Needs to Hold 

As of writing this article, Bitcoin is trading just under 40000. It has failed 3 key points and now people are getting scared. With that...
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If Australian Dollar Breaks Out, Commodities May Scream Higher!

Over the past 11 years, the Australian Dollar has been in a downtrend. Today's chart highlights its falling channel marked by each (1). Could we...
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US Dollar Rally Reaches Pivotal Long-Term Resistance!

Six years ago, the Economist magazine illustrated the mighty US Dollar. And that marked a peak that has since been tested but not broken out...
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Best Potential Trade Setup Looking Ahead: FXE Euro Trust

As Forrest typically writes the Daily commentary, and quite well I might add, today please consider me a guest host to my own blog. As...

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