DollarsNSense

DollarsNSense

I think I can, I think I can. Just like the little steam train, EUR/USD is trying hard to climb the hill created by Tuesday's BIG sell off. The pair remains in the middle of no man's land however and directional bias is a difficult commodity to take on board. I return to my longer term Bullish outlook and therefore will look to 1.1625 to provide Support and send...

DollarsNSense

My radar was out of sync with the market yesterday as EUR/USD failed to turn around when it hit DP/WP. In fact it plummeted through both, as if they stood for precious little. As there was no setup to trade Long - no harm was done. The pair now closes once again, on 1.1600 and I must say, I'm ok with that. With my bullish bias, comes the expectation that a bounce...

DollarsNSense

The FTSE has been flirting with a significantly lower move ever since tensions between the US and North Korea started. Since that time we have had Trade and Brexit Issues which is adding to the feeling of uncertainty to the UK market. We are getting close now to the time that Economic Barometer's will steep further pressure on Mark Carney to raise Interest rates...

DollarsNSense Updated 

BTC has followed its first close above the 20EMA (Dark Blue) since the 20 EMA feel below the 50 ema in late May (Yellow Vertical Line). Its confirmed the BULLISH sign with a bounce and move up providing the first real BULLISH Technical sign in some time. The bounce not only tests the moving average but the 6595 Horizontal level and this is important for two...