Category Archive: 4) FX Trends
GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside
GBP/USD and EUR/USD are climbing higher, breaking key levels. GBP/USD eyes 1.2700, while EUR/USD faces resistance at 1.0525. Traders watch for sustained moves to gauge market bias.
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AUDUSD sellers remain in firm control.What would turn that sellers control around?
In this video, I outline what the buyers would need to do to turn the bearish bias around. Absent that, and the sellers are more in control.
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USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:14 Technical Analysis with Optimal Entries.
2:28 Upcoming Catalysts...
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Week Ahead: Fed to Cut, but Should it? BOJ and BOE to Stand Pat, but Should They?
(Happy Holidays. Daily Commentary will resume on January 6. January monthly will post on January 4) The Swiss National Bank and the Bank of Canada delivered 50 bp rate cuts last week, and the European central bank cut by a quarter-point. The monetary easing cycle looks set to carry into next year. The Reserve Bank of Australia remains on hold and a stronger than expected employment report dampened speculation of a cut in Q1 25. The US CPI was in...
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NZDUSD testing floors from 2022 and 2023 . Can the floor be broken?
Swing lows from November 2022 and 0.57397, and October 2023 and 0.5772 are being tested this week. Break below increases the bearish bias. Stay above and a rotation higher would be eyed
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USDCAD extends to a new 4+ year high. What discredits the bullish bias in the short term?
It is up to the sellers to take back control. What would give them even a small victory?
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Japan’s Tankan was Uninspiring and UK Disappoints with Contracting Economy in October
Overview: The US dollar is mixed against the G10 and emerging market currencies to finish out the week. Among the G10, sterling and the yen are the heaviest. Japan's Tankan survey was unimpressive and does nothing to reanimate speculation of a BOJ rate hike next week. Sterling has been dragged down by unexpected news that the economy contracted in October for the second straight month. The euro is being aided by the unwinding of cross positions...
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Gold Technical Analysis – The focus has switched to the FOMC decision
#gold #xauusd #technicalanalysis
In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:47 Technical Analysis with Optimal Entries....
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Kickstart your FX trading for Dec 12 w/ a technical look at the EURUSD, USDJPY and GBPUSD
What levels are in play(and why) for the major currency pair to start the new trading day
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SNB Slashes Policy Rate in Half
Overview: The US dollar is mostly softer today, but the tone is mostly one of consolidation. The Swiss National Bank surprised with a 50 bp cut and the franc is the only G10 currency that has not edged up against the greenback today. Australia reported a stronger than expected employment report. This boosted Australian yields and the Aussie, which is the strongest of the G10 currencies. Shortly, the ECB is expected to announce a quarter-point rate...
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USDJPY Technical Analysis – The JPY weakens on known news
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:09 Technical Analysis with Optimal Entries.
2:24 Upcoming Catalysts...
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