Entries with no category
USD has both the rate advantage while also being the safe-haven, positioning the Greenback for continued gains into the end of the year. The weekly DXY price is located far above Ichimoku cloud in the bullish area of the chart: the price is trying to break the bullish triangle pattern with resistance level at 114 for the bullish trend to be continuing. more...
Activity in the U.S. manufacturing sector slowed by more than expected in the month of September but still saw continued growth, according to a report released by the Institute for Supply Management on Monday. more...
The Australian Dollar appears vulnerable going into the end of the year with the rate paths of the RBA and the Federal Reserve set to diverge. Will monetary policy drive AUD/USD? The weekly price is located far below Ichimoku cloud in the bearish area of the chart: price broke the bearish triangle pattern to below for the bearish trend to be continuing in the near future. more...
Downside pressure remains, parity to the US Dollar still in play. more...
The outlook for BTC/USD this coming quarter to put simply is, lower before higher. As it currently stands there is the dollar and everything else, meaning that as the dollar propels higher just about everything else suffers, except volatility. The weekly price is located far below the Yearly Pivot level at 48,704 and below the first support Pivot level for trying to break the bearish triangle pattern to below for the primary bearish trend to be continuing. ...