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  1. Bitcoin spikes almost 200% on Mt. Gox withdrawal rumors

    Bitcoin prices spiked almost 200% on the Tokyo-based Mt. Gox Exchange on Sunday to hit an intraday high above $300, amid speculation withdrawals on the troubled exchange will soon resume.

    BTC/USD rallied to a session high of $348.98 on Mt. Gox, before trimming gains to trade at $278.00 during U.S. morning hours, up 151.4%.
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Recent Entries

Natural Gas Price Drives Crude-SPY Trends When USD Is Appreciating

by 1Finance on 09-11-2022 at 10:13 PM


When the US Dollar is appreciating in value and trending upward, Natural Gas price trends upward as well to put moderately extreme pressures on the SPY & Crude Oil. As most energy transactions are conducted in US Dollars, this makes sense.

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US Dollar Fundamental Forecast

by 1Finance on 07-16-2022 at 10:30 PM


The US Dollar rose after a red-hot US CPI report bolstered Fed rate hike bets. The daily price is testing the bullish triangle pattern with resistance level at 109 to above for the strong daily bullish trend to be continuing.

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Canadian Dollar Forecast

by 1Finance on 05-30-2022 at 01:17 PM


The Canadian Dollar may continue to pull back unless the BOC manages a convincing hawkish surprise at the upcoming monetary policy announcement. That looks like a tall order.
The daily price is trying to cross 100 SMA for the 200 SMA to below as the next target for the primary daily bearish reversal.

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Gold Fundamental Forecast

by 1Finance on 05-15-2022 at 07:53 PM
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if Greenback strength persists.



Daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is crossing 1,821 support level to below for the bearish trend to be continuing with 1,799 target to re-enter.

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Gold Price Outlook: breaking 50 SMA to below

by 1Finance on 04-24-2022 at 11:30 AM
The price of gold slipped below the 50-Day SMA for the first time since February as it extends the decline from the monthly high ($1998), and the update to the US Personal Consumption Expenditure (PCE) Price Index may drag on bullion as the Federal Reserve’s preferred gauge for inflation is expected to downtick for the first time since August.



The H4 intra-day price is below 200 SMA by crossing 1936 support level to below for the primary

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