Tag: currency trading

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...

Sometimes the simplest charts show the best opportunities. No need for any momentum oscillators or other fancy tools here. Take the USDCAD chart for...

Good morning traders. Here a quick recap of what I am seeing under the Forex trading umbrella. The Forex has been pretty messy of late....

Often times, investors get caught up in valuing an asset in the world's reserve currency: The US Dollar. This makes sense as it's the...

The key .9438 retracement level is coming into play with regards to the EURO vs USD. My last post on the Euro highlighted this level...

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 week is starting off with some modest US Dollar Index (DXC) weakness, but nothing that was unexpected. However, I have adjusted the wave count...

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...

Good morning traders.  We finally got a little bit of action overnight - some of the action was discussed on my site yesterday.  Below...

Based on recent wave structure, the EUR/CAD has likely completed 5-waves to the downside and should be set for a corrective rally back towards 1.4565...