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...
US Dollar Nearing Critical Inflection Point For Equities
I’ve put a rudimentary “count” of the US Dollar below because we need to develop a gameplan for the coming Santa Claus rally or...
Is the Gold/U.S. Dollar Ratio Setting Up For A Major Breakout?
Precious metals prices have been creeping higher with Gold trading over $2000/oz.
A weaker US Dollar has provided a nice tailwind and Gold bugs celebrated...
Precious Metals Are Breaking Out; Identifying Upside Price Targets
Both gold and silver have emerged from consolidation patterns with a good turn-up in momentum. We like both metals here, and the weakness in...
Lower US Yields and Weak USD Can Be Supportive For Bitcoin
Looking at the recent financial data, the U.S. Consumer Price Index (CPI), which measures changes in the price level of a market basket of...
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...
Silver Price Has Bullish Opportunities On Geopolitical Issues
Metals are experiencing an upward trend this week due to geopolitical tensions between Israel and Hamas. During times of uncertainty, investors tend to favor...
Will Bitcoin Go the Way of a Commodity or an Equity?
So how did I decide to focus on bitcoin for this analysis? Well, I went back to my Outlook 2023 written in December 2022...
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...
