Futures and commodities expert Rick Alexander takes a look at potential opportunities in the currencies markets in his latest What’s Up, What’s Down commodities column.
In today’s installment of What’s Up, What’s Down, futures trader and analyst Rick Alexander highlights potential opportunities in the Japanese yen as well as crude oil.
It’s a Tuesday twofer as futures and commodities trader Rick Alexander provides his latest insights on both the energies and currencies markets.
“Overall, I feel the US Dollar is bottoming,” says Rick Alexander. Read the balance of his commentary for more on the currency market.
Is the Euro showing signs of topping? Read more in Rick Alexander’s commentary.
Strong showing Friday, for crude oil and products, while Yen remains in a bull pennant. Read the balance of Rick Alexander’s comments for what he sees for today’s market action.
All of the currencies continue to be in long-term uptrends overall but there is some potential toppy action going on in some of the currencies. Here’s Rick Alexander’s commentary on how to prepare yourself for today’s market action.
Yen forming a bull pennant; toppy action in the pound. Read more of Rick Alexander’s commentary for today’s market outlook.
Swiss franc forming a bull pennant, while yen makes new contract high.
Financial futures continue with a strong uptrend: Yen, Francs & Aussie make new contract highs.