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Recent Currencies Commentary

Author Picture GOLD IS BEARISH!
You heard it here first!

Author Picture Daily Financial Forecast Stock Index Futures Holding Up Well Despite Jobless Claims
U.S. stock index futures jumped in the overnight trade after a surge in the price of oil.

Author Picture Concerned That Asia Could Blow A Hole In Future Economic Recovery
It seems highly unlikely that the Chinese economy rebounded from an almost complete shutdown...

Author Picture EUR/USD will continue downtrend to 1.0857 after break down 1.0931
The downtrend may be expected to continue in case the market drops below support level 1.0931, which will be followed by reaching support level 1.0857

Author Picture USDCHF Weekly MACD Trying to Positively Cross
The USDCHF is edging up for the 4th straight day going into the European morning, and appears to be setting up to retest downchannel resistance (on the weekly chart) for sometime in the next few weeks. Significantly, the USDCHF's strength...

Author Picture Elliott Wave View: EURAUD Can See More Downside
EURAUD has incomplete sequence from March 19 high and can see further downside. This article and video look at the Elliott Wave path.

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