US Dollar Soars, Nasdaq 100 Sinks. Markets Face China Covid Lockdown Threats Again
The US Dollar soared on Monday as the Nasdaq 100 sank. A reemergence in harsh […]
USDCAD Outlook Builds on Bullish View as Fed Rhetoric Feeds Rate Forecasts
Despite the provocative head-and-shoulders pattern breakdown from USDCAD early in November, the pair picked back […]
Crude Oil Takes Another Plunge
Already-weak oil prices took another knock today as the Wall Street Journal reported that the […]
UK’s Brent Crude Oil’s Weakness Persists
Is Brent Crude nearing another breakdown as the bearish trend persists?
The Last Frontier for USD and Gold
Suddenly, the US Dollar Index fell 6.70% over the last two weeks, marking the biggest […]
Will Fed Minutes Shed Light on Rates’ Coming Path?
Despite the latest efforts by several Fed officials to douse market speculation with regards to […]
Aussie Extends Slide
The Australian dollar has posted losses over three straight days and is sharply lower on […]
Is Yen Weakness on the Way Back? USD/JPY, GBP/JPY, EUR/JPY
USD/JPY broke out from an ascending triangle to start the week raising the possibility of […]
China Worries Dominate Agenda
The first half of Monday’s session has been all about China, thanks to a quiet […]
Sharp Drop on USD/CHF Can Be Positive for Gold
An ending diagonal is a special type of pattern that occurs at the end of […]
Using Price Action As Your First Indicator in Technical Analysis
Learn how to use price action to form opinions and base decisions on financial markets.
WTI oil to break through 76.6 support as Saudi Arabia considers production increase
Oil prices tumble again today on news that Saudi Arabia is eyeing OPEC+ production increase, […]