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Before / After Analysis – Bitcoin – Cryptocurrencies Market Correctio

On June 1st 2019 we published the analysis: in which we proposed the following scenario: Bitcoin finding itself at a significant distance from any support it is hard to believe that the major June thrust should extend higher without an intervening price consolidation. Bitcoin should retreat in the aforementioned price area with $7,000 being the […]

FOREX Sell Signal – AUD/CHF

AUDCHF Daily Non-Crossover Bearish Signal

The long term price charts are pointing out an extreme bearishness on the AUD/CHF currency pair. Now the shorter term charts confirm that an impeding downside move is highly probable. Yesterday we posted a long term view on AUDCHF highlighting the bearish orientation of the pair. From a shorter term perspective signals now appearing on […]

Turkish Lira ( TRY ): The Pain Ain’t Over

2018-06-22_TRYJPY-UTM

The Turkish Lira is in free fall and the trend does not appear to be ending any time soon with its exchange rate against the world’s major currencies accelerating as exemplified here below. Turkish Lira / Japanese Yen Monthly Exchange Rate Swiss Franc / Turkish Lira Exchange Rate US Dollar / Turkish Lira Monthly Exchange […]