Michael Hodges

Cryptocurrency Forecast: The Bulls Are Back But Can It Last?

Jan. 06, 2020

A Broad Rebound In Cryptocurrency Is Underway A broad rebound in the cryptocurrency market is underway. Over the weekend the price of major coins like Bitcoin, Ethereum and Litecoin rose to multi-week highs and fired bullish signals. The move may have been sparked by a rush to safe-haven assets linked to last week’s killing of […]

Commodity Forecast: Gold And Oil Are On The Rise

Jan. 02, 2020

Commodities Set To Gain In 2020 After 2019’s stellar equity market run traders are wondering what comes next? When it comes to the equities markets the outlook is not great. Equities may continue to rise but the technical don’t support that idea and worse, the odds for a major correction are growing every day. Despite […]

Forex Market Alert: EUR On Verge Of Breakout

Dec. 30, 2019

The EUR/USD Pair Is On The Verge Of Breaking Out Contrary to some very bullish signals issued a few weeks ago, the Dollar and Dollar Index appear to be heading lower. While the U.S. economy is expanding and the FOMC has retreated from its rate-cutting stance, conditions within the broader Forex market suggest the move […]

The S&P 500 Price Forecast For 2020

Dec. 27, 2019

What To Expect From The S&P In 500 With the Santa Claus Rally in full effect the time to think about 2020 is at hand. The S&P 500 is up more than 28.6% for the year and on track to post the best year in over 20. Much of this year’s gains are attributable to […]

The Bitcoin Price Forecast For 2020

Dec. 23, 2019

Price Forecast Bitcoin: Will A New Bull Market Begin In 2020 The price of Bitcoin has not been holding up well over the past few months. The world’s leading cryptocurrency posted a stellar rally in the first half of the year and done nothing but move lower in the time since. Now, with the New […]

Is Ripple Heading Lower? Looks Like It

Dec. 20, 2019

The Ripple Chart Does Not Look Good I was just doing my daily perusal of the crypto market when I stumbled across an interesting headline. It said Ripple had just scored a major investment and the XRP coin was up 5% because of it. I immediately went to the chart and you know what I […]

Three Major Forex Pairs That Look Bullish This Week

Dec. 16, 2019

You Can’t Always Be Right A few week’s ago I wrote about a signal I felt pretty strongly about, so strongly I titled my post Go Long The Dollar Now. Sadly, the signa didn’t pan out quite the way I though it would but that’s the way it goes sometimes. Trades don’t go the way […]

Johnson Victory Sends Pound Rocketing Higher, Is Now The Time To Buy?

Dec. 13, 2019

Historic Victory In The UK Boris Johnson and the Conservative Party scored an historic victory in Thursday’s snap-election. The Conservatives won an overwhelming number of seats, secured a clear majority in Parliament, and their most commanding lead in over thirty years. The news is a win for the pro-Brexit movement and virtually assures a smooth, […]

Cryptocurrency Forecast; Golden Cross Confirmed, Outlook Bullish

Dec. 09, 2019

Golden Cross, It’s A Bullish Signal I just saw an article about Bitcoin touting it’s Golden Cross. I went straight to the charts to see what was going on and had a hard time understanding what all the fuss was about. Bitcoin’s last moving average signal on the weekly chart was a Gold Cross, sure, […]

The Pound Is Breaking Out, It’s Not Too Late To Get In

Dec. 06, 2019

Brexit Certainty Grows The British Pound is on the move. The pound has broken out versus the U.S. dollar and setting new highs versus the Eurodollar. While economic uncertainty persists, the move is driven by the growing certainty of a smooth Brexit early next year. After three years of political wrangling, what has changed to […]