Why The Euro May Be Headed Higher In The Weeks Ahead
Over the past several weeks, the Euro has been attempting to put in a tradable bottom. In this post we'll look at how that...
Emerging Markets (EEM) At Critical Juncture: Implications Abound
After a rough 2014 that carried over into early 2015, the Emerging Markets ETF (EEM) have finally begun to show some strong relative strength...
US Dollar Declines On US Jobs Report: What To Watch
The US Dollar decline accelerated this morning following the release of the March Non-Farm Payrolls (NFP) report - better known as "the jobs report"....
US Dollar: Indicator Most Overbought In More Than 15 Years
The US Dollar is finally taking a breather. Back on January 27th, I mentioned that the US Dollar Index looked exhausted after a monster run...
The Euro Stabilizes At Bottom Of Bear Channel
The Euro has been oversold for many weeks now. And that goes to show you how oversold can become more oversold for traders trying...
Inside The US Dollar’s Big Drop And What To Expect Next
What a move we saw in the US Dollar Index (DXY) on Wednesday. It was the biggest decline in the US Dollar ETF (UUP)...
Will Crude Oil Prices and Services Bottom With A USDCAD Top?
In order to fully comprehend the story of the Canadian Dollar (the Loonie), the US Dollar, Crude Oil, and the Oil Services Index, you...
Euro, US Dollar Currency ETFs Nearing Countertrend Moves
The U.S. Dollar Index and its associated ETF have reached and exceeded the targets we presented last week, and they are now approaching an...
USDCAD Chart Setup: Bull Pennant May Lead Pair Higher
Sometimes the simplest charts show the best opportunities. No need for any momentum oscillators or other fancy tools here. Take the USDCAD chart for...
Euro Falls Sharply: Waterfall Decline Nears Support
As the European Central Bank gets ready to start its version of QE on March 9, the Euro waterfall decline continues to unfold. In...
