Forex Trading Analysis: US Dollar Pairs In Focus
Here's a quick update on the Forex trading environment. The price action in the dollar based pairs suggests that some further consolidation/corrective action is underway.
I...
The Importance Of The All Ordinaries Index And AUDJPY
The All Ordinaries Index has yet to hit its SELL pattern target so this pattern is still valid. The zone of 5760-5835 is the key...
US Dollar Update: More Upside For The Buck?
The US Dollar made a big move higher over the summer and spent much of October consolidating those gains. Is it ready to move...
US Dollar: Long Term Prospects Look Good
For six and a half years the US Dollar Index (DX) has trended sideways. The technical signs on the wall favor this trend resolving...
US Dollar Index And Select USD Pairs Trade Setups
The week is starting off with some modest US Dollar Index (DXC) weakness, but nothing that was unexpected. However, I have adjusted the wave count...
Euro: Did Time and Price Square Out Call A Bottom?
The European economy has been a bit of a mess for a while now, and the Euro got slammed for it. After a steep...
US Dollar Strength Continues: Weekly Close Important
The US Dollar has continued to punish those that bet against it. It has been overbought for some time but as most seasoned investors...
3 ETFs For Trading Japanese Equities Amid Yen Weakness
There have been a couple of developments in the Japanese markets that traders are (or should be) monitoring. In the equity markets, there is a bullish consolidation...
Euro: Now Trading At Its Most Oversold, Ever
The EUR/USD Selloff Continues Unabated, But A Historic Extreme In Short-Term Momentum Signals A Euro Relief Rally May Be At-Hand.
EUR/USD tagged its lowest 14-day...
USDJPY Breaking Higher: Will Bond Yields Play Catch Up?
Traders, I'd like to share an interesting inter-market relationship with you this morning. In the chart below, I've tracked the USDJPY vs the 10 Yield...
