
Shain Vernier
Market Analyst & Financial Writer
4-Hour 38% Retracement Trade For Dogecoin (DOGE)
It has been a rough week for Dogecoin (DOGE). Prices are well off Monday’s highs and a short-term bearish bias is appropriate. Full Article
WTI Crude Oil Rallies As EIA Reports 2.979M Barrel Deficit
The past three days have been big for WTI crude oil prices, nearly erasing losses from the previous seven-day losing streak. Full Article
Pullback Buys On The Board For Ethereum (ETH)
Sometimes, the best trading plans are the simplest. For Ethereum, today’s pullback may bring the $3,000 psyche barrier back into play. Full Article
USD/CAD Near Weekly Lows As WTI Rebounds
For the USD/CAD, the short-term trend is bearish. Let’s dig into the weekly technicals and see where this market stands. Full Article
Cryptos On The March As USD Retreats
For cryptos, a fading dollar is good news. The major coins are beginning to post formidable comebacks from last May’s debacle. Full Article
S&P 500 Jumps As Pfizer Vaccine Gains FDA Approval
In response to the FDA’s mandate, shares of Pfizer stock (PFE) are up 2.5%. The news comes as Delta continues to spread in the U.S. Full Article
Weekly Baker-Hughes Crude Oil Rig Count Comes In At 405
It's a confusing time to be trading crude oil. Although the long-term technicals show uptrends, current fundamentals say otherwise. Full Article
A Weekend Trade Idea For Tezos (XTZ/USD)
For Tezos, prices are up 60% over the past 30 days. Now, two key levels of topside resistance are coming into view. Full Article
FOMC Minutes Formally Mentions Cryptocurrencies
These notes from July's FOMC Minutes is more evidence that suggests regulation is coming soon to the cryptosphere. Full Article
EUR/USD Bearish Beneath The 1.1700 Handle
For the EUR/USD, the trend is down. Let’s dig into the long-term technicals and see if we can spot a trade or two. Full Article
EIA Reports A 3.234 Million Barrel Draw On U.S. Oil Supplies
Despite today’s 3+ million barrel EIA supply draw, the August crude oil pullback rolls on. Full Article
Fed’s Neel Kashkari Blasts Cryptocurrencies
Today's statements from Minneapolis Fed President Neel Kashkari echo the views of other bankers such as ECB Chair Lagarde. Full Article
Tron (TRX/USD) Closing In On The $0.10 Handle
One of the biggest performers of the past week has been Tron. The altcoin is up more than 25% and challenging a strong downtrend. Full Article
U.S. Stocks Fall, S&P 500 Beneath 4,500
Going into the fall, one can make the case for at least a 10% correction in the DJIA, S&P 500, and NASDAQ by year’s end. Full Article
Inflation Stagnates, Crytpos Post Strong Rally
Typically, a weaker dollar and USD inflation means higher cryptocurrency prices. The past 24-hours have certainly reinforced this concept. Full Article