Markets go back to the regular scheduled programming
All the focus and attention yesterday was on the yen intervention by Japanese authorities, alongside a dose of central bank…
EUR/USD Forecast: Euro Continues to Stick to Parity
The EUR/USD currency pair has done very little yet again during the day on Thursday as we continue to hang around the…
USDJPY keeps the lid on the pair near the converged 100/200 hour MA
The USDJPY has been trading above and below the 100/200 hour MAs today, with the most recent swing being to…
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…
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…