Currencies

Top Trading Links: Is A Market Top Forming?

What an ugly market week for the markets. Momentum took a hit again, prompting more concerns about a developing market top. There’s not much we can do other than buckle down, tighten our discipline, and stay the course with our research! Hopefully you will enjoy this beefed up version of Top…

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 to pick bottoms.  But there’s reason to believe that a rally may getting started here. Looking at the popular forex pair involving the Euro, the EURUSD…

The State Of The Gold Bear Market: Sentiment Sinks

Three and a half years have passed since Gold peaked at $1923.70 per ounce, reminding investors that the other side of exuberance can be painful. The Gold bear market is finally beginning to take the wind out of Gold bugs sails, as a series of fits and starts have lead…

German DAX Powers Over 12000: Is European QE Working For All?

The scare in the global equities markets last October marked a pivot point for European equities in particular. Following the low in the German DAX of 8354 in mid-October, the financial markets decided to get serious. The ailing Euro Zone economy was becoming alarming and investors could finally sense a more…

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 area of even stronger resistance. Meanwhile a popular ETF for the Euro is approaching support. We believe there will be an opportunity for countertrend trades in…

The Best Of See It Market – February 2015

For all the challenges, concerns, and volatility that January presented investors, February brought the exact opposite. And, as you might expect, the monthly performance of the major U.S. stock market indices was quite different from January to February. To sum it up: Volatility was crushed, bullish sentiment surged, and the S&P 500 recorded…

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 example. The USDCAD is a currency pair (U.S. Dollar and Canadian Dollar) which represents how many Canadian Loonies it takes to buy one dollar. The pair started…

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 fact, the Euro is in free fall again this morning after the US Jobs report shows signs of life in the US economy, propelling the Dollar higher…