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Making Sense of the U.S. Dollar Breather
April 30, 2019, 11:22 AMThe euro has just made a nice comeback. Are better days ahead for the euro bulls? But not all commodity currencies are recovering. The USD Index went down today, so what can we make of this mixed bag? Far better than running for the shelter is to examine the opportunities that are shaping up. We've just identified one. Fanfare or not, let's dive in.
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All Quiet on the Western Front: The USD Breather Continues
April 29, 2019, 10:55 AMThe euro bulls are joined by the commodity currencies' bulls in attempting yet another comeback today. How far can their efforts take them? By all reckoning, the USD has just scored a good week. Will the USD bulls be able to overcome their opponents? Let's take a look at both sides of the coin. Oh, lest we forget - get ready for a potentially wild ride due to the unprecedented 10-day Golden Week holiday in Japan. The details follow...
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Is the USD Topping Out or Taking a Breather Before the Next Leg Higher?
April 26, 2019, 10:29 AMHas the carnage in the currencies stopped? That's surely a question on many a trader's mind. Have we seen any kind of a top for the U.S. dollar? After all, the euro is recovering nicely today and the same can be said about the Australian dollar. Take a look also at the Canadian dollar. Not too shabby. Just how to untangle the forex moves? Our helpful analysis with concrete next steps and scenarios to the rescue.
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The Euro Just Slid Through Major Support Like a Hot Knife Through Butter
April 25, 2019, 10:36 AMIt looked like the currencies are taking a breather yesterday. It looked like they're digesting recent moves. Instead, we've seen quite an action across the board. It's that interesting and serious in its implications that it has made us take action to profit on these moves. Have we just used a plural, as in "moves"? Indeed, we're talking more than one promising opportunity here.
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The Euro Is Down. But Is It Really Out?
April 24, 2019, 10:31 AMWe've seen quite decent currency moves in recent days. And the market ain't exactly sleepy today, either. Let's put these moves into the picture. The implications lead us to make serious decisions. Is there a more pleasant sound than ringing a cashier's bell? Ringing YOUR cashier's bell, that is. Just see what we've exactly decided to do right now.
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