1.2500 In Play For USD/CAD, Baker-Hughes Rig Count Out
For the USD/CAD, the long and intermediate-term trends are down. This pair appears destined to revisit 2021’s Low (1.2356). Full Article
Dogecoin (DOGE) Extends Its Meteoric Rise
It's a relative mystery why Dogecoin is heading for the moon. No matter what is happening, the price of DOGE is exploding. Full Article
Two Straight Losing Weeks For The USD/JPY?
USD/JPY bulls are the primary beneficiaries of 2021's rally. However, it appears as though the tides are beginning to turn. Full Article
Opening A Long Term Sell Signal in EUR/USD, Since the Retrace Seems Complete at 1.20
EUR/USD is finding resistance at MAs below 1.20, where we decide to go short Full Article
USD/CHF Tests 2021’s 38% Fibonacci Retracement
For the USD/CHF, the stability of Fed Chairman Powell's outlook has boosted sentiment toward the Greenback. Full Article
Coinbase Debuts On Wall Street, Cryptos Rally
It will be interesting to see where Coinbase’s first day valuation ends up. Many analysts see $100 billion as being the final number. Full Article
Shorting Silver at the 200 SMA, As the Chart Setup Suggests A Bearish Reversal
Silver is reversing down from the 200 SMA, after we opened a sell forex signal Full Article
EUR/USD Trends Higher As COVID-19 Fears Persist
For the EUR/USD, the long-term uptrend remains intact. Rates are above the Macro-38% Fibonacci retracement, warranting a bullish bias. Full Article
Bitcoin (BTC) Consolidates At $60,000
Bitcoin appears happy near the $60,000 handle. Although prices are falling, this level will be challenged all week long. Full Article
U.S. Stocks Open The Week In The Red
Unless we see a dramatic shift in monetary policy or another round of COVID-19 lockdowns, American stocks are headed higher. Full Article
Crude Oil Climbs Nearly $2,Moving Above $60 Again
Crude Oil has turned bullish today, climbing above $60 Full Article
Litecoin Continues to be Supported by MAs, After the Retreat in Cryptos
The pullback in Litecoin seems to be over at the 50 SMA now Full Article
Long-Term Fibonacci Support In View For The USD/CHF
This week’s selloff in the USD/CHF is the largest since last November amid the uncertainty of Election 2020. Full Article
Tron (TRX) Speeds Above $0.1200 As Cryptos Rebound
Positive Wall Street sentiment and mainstream financial adoption is dragging altcoins like Tron higher. Full Article
USD/CAD Falls As WTI Crude Challenges $60.00
In addition to the weekly EIA report, the USD/CAD has been impacted by the U.S./Canada trade balance figures from Wednesday. Full Article
