News

Is The Bitcoin Rally Already Over? Not Even Close

Jan. 24, 2020

A Function Of Healthy Market Mechanics After surging more than 40% over the last two months Bitcoin prices are falling back. The move has now reached the -11% level and threatens to take BTC prices even lower. The good news is that lower prices are not likely, not right now. A look at the charts […]

Forex Market Outlook: Central Bank Meetings On Tap

Jan. 20, 2020

Dollar Strengthens But Trading Ranges Dominate The dollar has begun to strengthen once again but traders should be cautious. While the dollar is indicated higher the longer-term forecast for most pairs is range-bound. While the U.S. economy is stabilizing, reducing expectations for FOMC policy changes, so to is the rest of the world. No single […]

Cryptocurrency Update: Bulls Advance, Bears In Retreat

Jan. 17, 2020

The Tide Has Turned, Bulls Advance Bears Retreat If you are watching the cryptocurrency market you know that something has changed. There is an obvious shift in momentum that has the major coins advancing by high-single digits again today. Whether or not the bulls beat the bears does not matter, the bulls are advancing and […]

Cryptocurrency Update: Bulls Still Control, Ripple Reverses

Jan. 13, 2020

Technical Picture Brightens, Signals Abound It was just a week ago I wrote about a possible reversal in the cryptocurrency market. Some big moves in the major coins had them poised to complete some potent continuation signals and those signals paid off. Litecoin, Bitcoin, Ethereum, and even Ripple (XRP whatever you want to call it) […]

LiteCoin Is Fireing A Classic Buy Signal Right Now

Jan. 10, 2020

Signals That You Can Bank On Signals. Signals are the bread and butter of active traders. The problem for traders is that really good signals don’t come around that often and, when they do, you have to be watching the charts when they happen to maximize their value. Today, while flipping through charts looking for […]

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 […]