USD/ZAR Forecast: September 2022
As of this writing the USD/ZAR is trading near the 16.78000 realm and is within sight of short term highs. From…
BTC/USD Forex Signal: Double Bottom Facing Double Top?
Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of…
BTC/USD Forex Signal: Bitcoin Bears in Total Control For Now
Bearish view Sell the BTC/USD pair and set a take-profit at 18,500. Add a stop-loss at 20,500. Timeline: 1-2 days.…
USD/JPY Forecast: Continues to Climb on Friday
I have no interest in shorting this market, at least not until something fundamentally changes. The USD/JPY rallied a bit during the…
GBP/USD Forecast: Gives Up Gains After Powell’s Speech
I have no interest in buying this pair anytime soon, at least not until the fundamental situation changes. The GBP/USD initially tried…
WTI Crude Oil Forecast: Has a Confusing Friday
With everything that’s going on, I believe that crude oil market will continue to be very noisy and difficult to…
BTC/USD Forecast: Continues to do Nothing
The BTC/USD continues to go sideways as the market seems content to hang around the $21,500 level. There’s no real volume, nor…
ETH/USD Forecast: Continues to Drift Along the 50-Day EMA
The big money that moves the ETH/USD is not the retail sector anymore, and therefore it’s going to behave more…
Germany August Ifo business climate index 88.5 vs 86.8 expected
Prior 88.6; revised to 88.7 Current conditions 97.5 vs 96.0 expected Prior 97.7 Outlook 80.3 vs 79.0 expected Prior 80.3;…
Ifo economist: German Q3 GDP to contract by 0.5%
A recession is still on the cards Sentiment is still really poor, burdened by high inflation The good news is…