Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more… [Read More...]
Canadian Dollar Price Forecast: USD/CAD Reverses – Did Loonie Bottom?
USD/CAD is putting in an aggressive reversal after testing the 1.2800 level. Did USD/CAD just top as the Loonie bottomed? Or is this a re-load scenario? [Read More...]
Fibonacci for a Multi-Market Trader’s Approach
Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets. [Read More...]
Gold Price Forecast: GLD Rally Cut Short, Confluent Support Holds the Low
Gold prices put in a nasty month of June but a very strong first half of July. After building an evening star last week, are bears preparing for a more pronounced re-entry? [Read More...]
British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
It was a busy week for GBP/JPY as GBP/USD showed tendencies of mean reversion. Can bulls continue to push for a larger GBP recovery? [Read More...]
Yen Rallies on Rates Theme: USD/JPY, EUR/JPY, GBP/JPY
We're in the summer and ranges are common, but the Yen may be threatening a larger reversal as US rates continue to fall. [Read More...]
Oil Price Forecast: Crude Catches Resistance Near Six-Year-Highs
Crude oil has been bid up to fresh highs and buyers are threatening another breakout, with prices testing a key zone on long-term oil charts. [Read More...]
Gold Price Forecast: Gold Bulls Make a Push from Neckline Support
Gold found support at a double-bottom neckline and has since rallied by more than $60 off of the lows. [Read More...]
USD Q3 Technical Forecast: US Dollar Bears Take Their Swing but Come Up Short
US Dollar bears have had a heavy pull on price action over the past fifteen months, but that drive appears to be waning and this was on full display in Q2. [Read More...]