US Dollar: Break or Bounce, Setups on Both Sides

In this webinar, we looked at price action setups in the US Dollar after a pullback in the recent month-long bullish trend. This produces the possibility of bullish continuation, but that’s not the only possible setup, as short-side themes remain open of both very short and longer-term varieties. We looked at each in this webinar, […]

EUR/USD Weekly Technical Forecast: More Bounce Before More Selling?

EUR/USD Technical Highlights: EUR/USD finds buyers after straight line move lower Bounce at risk of failing in the week ahead For the intermediate-term fundamental and technical outlook on EUR/USD, check out the DailyFX Quarterly Forecast. Last week’s net result was relatively even for EUR/USD, even posting a small reversal candle on the weekly time-frame, but […]

Bounce Over for Cryptocurrencies? A look at Ethereum, Ripple & Litecoin

The other day we highlighted the weekend reversal bars carved out across the cryptocurrency spectrum, making note of how it should lead to further upside in the short-term. However, we are already seeing those bounces fizzle and the likes of Ethereum, Ripple, and Litecoin look headed towards taking out their respective key-reversal daily lows. If […]