Insiders are shorting – or betting against – a major world currency, the Euro (EURUSD). This is according to the latest commitment of traders (COT) report. Whenever this happens, I get interested, because that is how we can spot major potential opportunities. For example, a few months ago I told my…
Here are the next key levels to short the Euro as discussed by Alessio Rastani and Zak Mir. The video also discusses the potential Elliott Wave count on the EURUSD: Link to this post!
If the threat of deflation and massive unemployment was not already bad enough, things are about to get even worse. Once again Europe finds itself in another financial storm, so expect to see a lot of volatility and uncertainty in the markets between now and the next three weeks. For…
This sounds insane, but it’s likely to start today… The European Central Bank is expected today to cut interest rates and force Europe into NEGATIVE interest rates for the first time in the eurozone’s history. Imagine paying a bank to hold your money for you. Who would want to place…
The positive jobs report resulted in rally in the US Dollar. There is a lot of downward pressure on the major currencies because the US Dollar has been gaining strength. Back in January of this year we predicted that the US Dollar would put in a short to medium term…
Transcript of the Interview between Swiss Financial Television and Alessio Rastani 1: The ECB seems to be in this wait and see period how is this affecting the common currency? Do analysts see risks in further Euro gains? There have been fresh reports that the ECB is “shrinking” its balance…