Trading Opportunities

USDJPY

Does the pullback in the USDJPY have legs?

The US dollar has retreated against its major trading pairs over the past two weeks, but notably, the USDJPY has seen one of the most interesting pullbacks. The 2-week weakening streak may continue as the sentiment from the previous FOMC...
Natural gas futures

Natural Gas from 3 technical perspectives

The current overall trend for Natural Gas is bearish, as seen from the monthly chart. The commodity has possibly just completed the 5th wave of the Elliot Impulse Wave, this means that the next movement is possibly a correction. There...

Why are tech companies buying healthcare companies?

Volatile opportunities in the DXY this week

What to expect from Apple’s upcoming earnings report

Is it time to go long on gold?

USDCHF nt

Moving Average and Fibonacci exposing key levels in the USDCHF

The USDCHF pair has been swinging from bullish to bearish from a weekly perspective on this pair. It has established strong resistances at 1.00571 to 1.00148, forming a double top as it tried to break these levels. The double top...
USD/CAD

Does the USDCAD have more upside potential?

Canada's inflation rate rose by 0.7% in June to a 39-year high of 8.1%. After its July meeting, the Bank of Canada raised rates by 100 basis points and is expected to tighten its monetary policy even further. BOC's aggressive...
Pinterest

Why did Pinterest’s shares surge 16% last Friday?

Pinterest’s (NYSE:PINS) shares closed up 16.2% on Friday on the New York Stock Exchange after the Wall Street Journal reported after market hours on Thursday that activist investor Elliott Investment Management has built a stake in the digital pinboard platform....
Join Now