Jack Crooks | TalkMarkets | Page 5
President, Black Swan Capital, LLC
Contributor's Links: Black Swan Capital
Jack has over 25 years of experience in the currency, equity, and futures arena. He has held key positions in brokerage, investment research, money management, and trading. Jack is founder and president of Black Swan Capital LLC (a newsletter firm specializing in currency trading and global ...more

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US Dollar Index View
We are still expecting a minor correction lower in the dollar; back toward 92. But we don't expect this will be the end of the longer term trend.
If You Like The Yen, Should Also Like Gold...
USD/JPY vs. Gold price inverted... nice correlation of late.
GBP/USD Daily: 1st Leg Of Correction Complete
The decline from 1.4375 high to the 1.3532 low appears to be a three-wave affair labeled A-B-C.
GBP/USD - A Choppy Triangle Pattern Setup
Price action (choppiness) suggests maybe the dollar bottom may be delayed.
Shorting Oil: A Trade
The dollar staged a strong reversal rally this afternoon and looks as if it has more to run, even if this is not the major move we are expecting at some time. Either way, we think oil short here is a good trade idea.
USD/CAD Hourly: Critical Resistance Tested...
USD/CAD - Critical resistance at 1.2521, the Wave 1 low, was tested today.
US Dollar: It Ain’t Over Till It’s Over
Despite the rising probability, along with increasing sentiment and real positioning, suggesting the US dollar cyclical bull market rally is over, the jury is still out.
Short USD/CAD Here? Divergence With Oil
CAD and oil are usually tightly correlated.
US Dollar Index - At Key Retracement Support Level... Bounce?
9100-level is a key Fibonacci (confluence) retracement level.
Copper Leading The Australian Dollar?
Copper has moved above a key intermediate-term swing resistance level; Aussie has not.
EUR/GBP Daily - Reversing?
The divergence from the 2-year EU-UK yield spread (favoring the UK).
AUD/USD Rally To Key Fib Retracement...
The unemployment rate slipped to 5.6 percent from an upwardly revised 5.7 percent in June as 27,900 new jobs were added, the Australian Bureau of Statistics said on Thursday.
Copper New Bull Trend? A Correction First Makes Sense...
After what appears as a 5-wave rally; a correction lower would make sense.  But, it also appears a new bull trend may be underway. 
EUR/USD Hourly - Holding Up; But Looking For Follow-Through...
EUR/USD Hourly - No follow-through (yet?) from Friday; but still potential... we took a gain on Friday, and have a b/e stop at 1.1852.
GBP/JPY Break Of Key 144.00 Support
We got the break of key 144.00 support on GBP/JPY; a corrective move to 143.00 or trend move to 140.00 test? We remain short but tightening risk along the way.
GBP/USD 4-Hour View: Standard A-B-C Correction Lower?
If this pattern is a standard A-B-C correction lower; the target is 1.2826 calculated by Wave C being the same length of Wave A.
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