Is the Japanese Yen Oversold and Ready To Rally?
The Japanese YEN has been weak versus the US Dollar over much of the past 2 years.
However, that trend could coming to an end...
The U.S. Dollar, Loonie and the Hedge Conundrum
Summary: The U.S. Dollar (USD) has risen a lot lately against most currencies including the Canadian Dollar (CAD). There are many economic/yield reasons for...
Is The Japanese Yen Reversing Upward? (Elliott wave analysis)
After more than a decade of decline, the Japanese Yen might have found durable support.
If the downward Elliott wave structures are indeed complete, then...
The Euro’s Likeliest Path is Downward (Elliott wave forecast)
The Euro has remained in a consolidation zone since we last wrote about it in April, but we think nearby resistance will be difficult to...
Japanese Yen (FXY) Breakout Creates Bullish Formation
The past couple weeks have seen the Japanese Yen currency form a bullish reversal from extreme trading lows.
The rally higher has put the currency...
Elliott Wave: Expect Euro Currency to Continue Downward Trend
We believe the Euro is poised to continue the downward trajectory it began at the start of the year. For traders who work a...
Important Gold Ratio Testing Breakout Resistance!
Precious Metals have been strong this month and have metal heads excited for next year.
One gauge that I use to highlight the strength of...
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...
Japanese Yen (FXY) Trading At Important Elliott Wave Crossroads
If the Dollar Index makes a significant low near its present area, it would create a favorable environment for bearish trades in paired currencies...
