ShadowTrader FX Hour 07.09.19 – Dollar Gains, Signs of Real Estate Correction

In today’s FX Hour, we discussed multi-year highs in consumer borrowing as a sign of consumer confidence. We looked at the sectors that would benefit most from consumer borrowing and spending. We also discussed inflation and the inverted yield curve. We discussed […]

In today’s FX Hour, we used monkeybars to project September key levels. We looked at the major indexes, commodities and forex major pairs. We re-anchored the monkeybars to project the fair price and overbought/oversold levels for the month of September. We also […]

In today’s FX Hour, we discussed gold, copper and the U.S. dollar. We discussed copper staying near the annual lows and gold reaching for multi-year highs. With the two metals moving in the opposing directions, this would be considered a warning of […]

In today’s FX Hour, we discussed oil production and consumption. We reviewed EIA production and consumption data and discussed 2019 and 2020 projections. We also discussed expectations from the FOMC minutes on Wednesday and the potential impact to the U.S. dollar and […]