Forex Majors – Technical Overview And Weekly Predictions Germany’s jobless rate falls to the lowest since the Reunification in 1990, British MPs are getting set to vote again on a Brexit deal and the Fed decided to slow down the pace of interest rate hikes. Volatility is a guarantee amid these turbulent times, let’s take […]
Technical Overview And Weekly Price Predictions For Major USD Pairs The Fed suggests monetary policy will be on hold all year, Eurozone PMI shows a dwindling economy, and Brexit drama continues with no real end in sight. This spells uncertainty and volatility in the Forex market, and means opportunities for savvy traders. EUR/USD – Technical […]
The FOMC Will Lower Their Inflation Forecast The FOMC is set to meet again this week. The committee is not expected to alter policy but there is a growing expectation the individual members will alter their growth forecast. This meeting the members are expected to lower their dot-plot targets for this year and next, effectively […]
EOS (EOS) – Overview And Long Term Price Forecast EOS is a blockchain protocol that aims to provide a complete system for the smooth creation of decentralized apps. Some of its features include server hosting and cloud storage among others. The protocol emulates many of the characteristics of a “traditional” computer or network but all […]
The Buck Stops Here The U.S. dollar made a stellar mover higher over the past few weeks but that move has come to an end. Trade hopes, U.S. economic dominance, and a supportive FOMC were not enough to break the DXY out of its trading range. The index is now showing resistance at the top […]
Ethereum (ETH) – Weekly Update And Long Term Price Prediction Ethereum is an open source, blockchain-powered platform that allows developers to build and utilize decentralized applications (dApps), also known as smart contracts. It is supposed to be the most advanced blockchain on the market and it may be, in theory. In practice it is a […]
Trade Hopes Are Lifting The Dollar The US/China trade war may be coming to an end. Leaks from within the negotiation say the two sides are on the cusp of reaching an agreement to end the hostilities. The news is good on many fronts in that it will, or should, stimulate the global economy and […]
Cryptomarket Wakes From Winter Nap The cryptocurrency winter-of-discontent is coming to an end. After more than a year of bear market conditions activity is up across the board. The major currencies have all seen double digit gains over the past two months and more are on the way. While the entire market is moving, there […]
Bitcoin and a host of other major cryptocurrencies shed more than 10% over the weekend. The sell-off was sharp, fast, and unexpected given the growing bullish sentiment we’ve seen over the past month. Bitcoin is now trading at a one-week low and market watchers are wondering if the selling is over. The selling might not […]
The Dollar Is On Support, In The Middle Of A Range The US Dollar Index has been winding up within a trading range and looks ready to make a move. The problem is that it is wound up near the middle of said range with little indication of which way it will go. On the […]