EUR/USD falling back below 1,07 and inside the bearish price channel is a strong reminder that the latest rally may be misleading.Original Post
Is It Time to Question the Party? Lots of resistance ahead in Bitcoin.
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EUR/USD to be tested by bear market resistance
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EUR/USD has been in a downtrend for the last 2 years. The ongoing ominous megaphone is about to resume the end of the 1000+ pip rally off the lows.Original Post
The 10-year Treasury yield respected the 5% level – this is not a big surprise. However, to join the cheers that the only way for the yield is down, I need to see a confirmation below 4.35%...
A lot will obviously depend on this week’s reporting by the megacaps that drive the Nasdaq index. Was the index too fast to drift out of the price channel or is the best behind us?
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S&P is testing the low end of a descending price channel. Last week’s high could not even make it to the range top. Can agree that we have seen the highs of the year?Original Post
Silver getting closer to a symmetrical triangle apex, hoping to follow Gold to the upside.
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Bullish Gold could consolidate before the psychological $2.000 or revisit old channel supportOriginal Post
Gold's resistance -talked about in a recent post – is now history as we are entering a highly uncertain weekend.Original Post