Weekly Outlook (Aug 23 – 27, 2021) – Top Economic Events to Watch This Week
The broad-based US dollar is going to end this week on a bullish track as rising COVID-19 infections raised doubts over the global economic Full Article
Tron (TRX) Enters Heavy Consolidation Above $0.05
As we roll deeper into 2H 2021, Tron is looking increasingly bearish as the coin is down more than 60% from last spring's highs. Full Article
WTI Crude Oil Falls $2.00 As Rollover Approaches
Although the action is bearish today, a bullish bias remains warranted toward WTI crude oil. Full Article
U.S. Stocks Open Weekly Trade In The Green
For the DOW, 35,000 is officially in play. This is a key psychological barrier and pivotal technical area for American large-cap stocks. Full Article
Mortgage Rates Spike, U.S. Markets Rally To Close June
Over the next several sessions, the U.S. labor markets will be put under the microscope. If positive, the DJIA will likely hit 35,000. Full Article
U.S. Equities Markets Flat As USD Index Holds Above 92.00
It has been a positive forex session for the USD Index. One of the primary drivers of the surge has been the bearish action in the EUR/USD. Full Article
U.S. Stocks Slip To Open The Trading Week
For the DOW and U.S. large-cap stocks, it’s all systems go. Let’s take a closer look at the DJIA and the all-important 35,000 handle. Full Article
Ethereum (ETH) Gains Ground Above $2,000
At this point, nothing seems to be stopping the intraday ETH rally. Prices are up; for Ether fans, there’s reason for optimism. Full Article
Dow, S&P 500 Rally Toward Record Highs
With the Fourth of July weekend only seven days away, U.S. large-cap stocks and the DOW continue to chug higher. Full Article
Macro Fibonacci Support In View For Bitcoin (BTC)
Earlier, Bitcoin pricing came within $1000 of testing the macro 62% Fibonacci retracement level at $27,152. This is a key technical area. Full Article
Bitcoin (BTC), Ripple (XRP) Down To Open Week
Moving forward, $30,000 for BTC, $2,000 for ETH, and $0.50 for Ripple XRP are all shaping up to be important technical areas. Full Article
DOW Tanks As Investors Price The Newly Hawkish Fed
As we roll into late June trade, it looks like the Fed is beginning to plan an exit from their unlimited QE program. Full Article
Fed Fallout Headlines Thursday’s U.S. Session
It sounds like Fed tapering is on the horizon. The markets are reacting accordingly, with the early birds piling into USDs. Full Article
Cryptocurrencies Negative As Fed Prepares To Speak
For now, cryptos are bearish ahead of today's U.S Fed announcements. Let’s take a look at ETH and the $2,500 value area. Full Article
Cryptos Rally After Paul Tudor Jones Endorses Bitcoin
When a prominent figure like Paul Tudor Jones gives Bitcoin (BTC) and cryptos a thumbs up, the markets listen. Full Article