Tag: currency trading
US Dollar Rally Nearing Important Inflection Point
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down.
Should the rally extend further, it may create...
Currency Markets Roiled As US Dollar Strengthens
The currency markets are among the largest in the world. And when the reserve currency U.S. Dollar makes a big move, other assets listen...
Japanese Yen Weakening Against Major Currencies (Elliott Wave Trading)
The US Dollar / Japanese Yen currency pair is moving higher once more as risk-on remains in play across the financial markets. This is...
Are US Dollar and Euro Currencies Setting Up For Big Trading...
The U.S. Dollar and Euro currencies are two of the most watched in the world, with the U.S. Dollar being the world's reserve currency.
Today's...
EURAUD and EURNZD Currency Pairs Elliott Wave Cycles Eye Lower
The US Dollar is consolidating in what appears to be an Elliott wave corrective retracement. And we could see a bit more US Dollar...
Commodity Currency Pairs USDCAD NZDUSD Nearing Elliott Wave Inflections
Higher stock prices and a reversal lower in US Yields (from prior highs) are putting bearish pressure on the US Dollar.
Further weakness in...
Is Euro EURUSD Reversing Higher Off At Elliott Wave Support?
Higher US treasury bond yields are causing some reversals in the market, with metals rallying while the US Dollar is lagging. Even better examples...
Japanese Yen Currency Pairs Nearing Elliott Wave Support
The US Dollar / Yen currency pair (USDJPY) continues to move sideways. It's trapped in a tight range so we assume that it's a...
US Dollar Index Reversal Sends Bullish Trading Signal
September is here and a new month brings new opportunities and indicators to follow.
Today, I look at the US Dollar Index, which I believe...
Elliott Waves: Gold Rallying As US Dollar Hits Resistance
The US Dollar Index appears to be turning lower due to speculation that the Federal Reserve may not withdraw stimulus as fast as first...
