The US dollar index (DXY) starts the week lower as market participants move ahead of a data-rich week. EUR/USD Recovers, But Will German Inflation Derail Rally? DXY is at a key confluence; a break of the trend line could lead to a downward...
USD-JPY PAIR REVIEW The price movement until tonight from the usdjpy pair is in a price movement that is continuing to move upwards. However, it seems that the price has not been able to break up to a more expensive price, therefore if in the...
Forecast of Crude Oil Crude Oil's H4 time frame chart indicates that while the price increased steadily over the previous several candles, it appears to have tested the overbought level on the RSI indicator, which is why the price is currently...
Forecast of Gold Looking at the various timeframe charts of Gold, I noticed the erratic movement since the start of the New York trading session. Even this dramatic movement can be judged by the final candle of the H4 time frame chart, which shows...
The US dollar gave up gains against most currency pairs, allowing the euro to seize the moment. While this move up may seem tempting to some, it probably sets the stage for a solid selling opportunity. The recent market recovery looks more like a...