The week of August 17, USDCAD had no high. Its open was its high. It then waterfalled down to under 1.30 before bouncing. That low was never revisited. After FOMC, I'd say everyone is expecting a quick return to bull and a quick return to dump town for the once-mighty USD. I'd say they're right, but not before we see some good ol' fashioned manipulation. Long a...
Bitcoin's last two daily candles have been meme candlestick doji patterns that everyone likes. Sentiment has turned bearish and too many people are trading the consolidation. In reality, a raid on the previous high of $11,091 is very likely during the weekend session before futures re-open. Expect Monday through Wednesday to be scary across maybe everything...
On July 28, United States President Donald Trump issued an Executive Order under the Defense Production Act that Kodak would be transformed into a pharmaceuticals company with the help of a $765 MM federal capital markets blood infusion. Afterwards, the Democrats/socialists threw a tantrum and found an excuse to attempt to conjure the return of manufacturing to...
Cryptocurrency isn't something you should have faith in. You should understand that this market is subject to "3E": Embrace-Extend-Extinguish and is currently in the "Extinguish" phase. There is nothing decentralized about today's cryptocurrency. Crypto is mostly a tool that provides blood to the Chinese Communist Party, and subsequently, its days are as...