U.S. Dollar Sell-off Targets Initial Support

To receive Michael’s analysis directly via email, please SIGN UP HERE DXY testing confluence support- Focus is on a break below 94 Check out our 4Q projections in our Free DailyFX Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT DXY Daily Chart Technical Outlook: We’ve been tracking a long-term slope […]

EUR/USD : La paire sera-t-elle capable de progresser davantage aujourd’hui après la hausse surprise de près de 100 pips depuis ce matin?

La paire EUR/USD reste en hausse cet après-midi, avec de récents sommets à 1.1754, après un creux journalier sur les 1.1655 ce matin. Les interventions de Draghi et Yellen ce matin, qui ne comportaient pas de nouvelles informations, semblent étrangères à cette hausse. Quelques statistiques sont toutefois allées dans le sens de la hausse ce […]

USDJPY drifts lower with yields/stocks

10 year down near day lows. Stocks losing ground too.The USDJPY and JPY crosses, are heading lower as stocks slide and yields also fall.The S&P index is down -13.5 points or -0.52%. The Nasdaq is downs -0.53%.  The 10 year note yield is down to 2.38% down -2.4 bp.   Gold is trading in the black after  […]

BITCOIN Analysis for November 14, 2017

Bitcoin has been quite corrective recently after being bounced off the $5,500 support area. The price has been struggling to surge higher since yesterday and break above the $6,700 price level which will break the resistance to proceed much higher in the future. After the drastic fall, the impulsive bullish pressure indicated that the bulls […]

Bitcoin analysis for November 15, 2017

The Bitcoin (BTC) has been trading sideways at the price of $6.532. Craig Wright, the man who famously claimed to be Satoshi Nakamoto, is back in the news again. This time he’s weighed into the bitcoin scaling debate, which is becoming increasingly politicized. In a post entitled «Scaling Bitcoin and what some will do to […]