Tag: currency analysis
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...
Yen / US Treasury Bonds Correlation High: Next Move Important!
When treasury bonds are rising, interest rates are falling. And typically this is a sign of bonds being a safe haven.
Recent action in the...
Japanese Yen Sizzles and Fizzles: Watch the August Close!
We discussed the prospect for a low on the Japanese Yen currency several weeks ago.
Here is the link to that article. And...
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...
Is the Japanese Yen Currency Nearing an Historic Bottom?
The Japanese Yen currency has been in a strong selloff for the past 12+ years.
Today we ask: Could the Yen finally be bottoming?
As you...
Swiss Franc: Dreams Really Do Come True
On March 26, 2024, I wrote a Daily called, “Last Night I Had a Crazy Dream-Swiss Franc”
In the blog, I mentioned that,
“I literally woke...
Will Japanese Yen Currency Rally From 40-Year Support?
The Japanese Yen has tumbled to new multi-decade lows after its recent free fall.
Currently, the Yen is trading into 40-year support. Could this be...
Why the Swiss Franc Currency Worth Watching Here
On March 26, I wrote a daily market update called: Swiss Franc Currency Decline Nears Pivot Support.
When I awoke and looked at the charts, I noticed in...
Is the U.S. Dollar Quietly Forming a Bearish Topping Pattern?
The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it's also the most watched.
When the dollar...
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...
