Category Archive: 4) FX Trends
Kickstart the FX trading day for Aug.12 w/a technical look at the EURUSD, USDJPY & GBPUSD
It is a quiet Monday as buyers and sellers spar in the GBPUSD. The USDJPY moves higher. US CPI and PPI later this week
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Subdued Market Compared to a Week Ago: Is the Dramatic Position Unwinding Over?
Overview: The capital markets have begun the week in subdued fashion. Japanese markets were closed for the Mountain Day celebration, and this week's key events, which include US and UK CPI, and the Reserve Bank of New Zealand meeting and potentially its first rate cut. The uncertainty about the market positioning and the extent of the carry-trade may also be dampening activity. The yen and Swiss franc are the weakest of the G10 currencies today,...
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USDJPY Technical Analysis – Waiting for a breakout of the range
#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.
0:44 Technical Analysis with Optimal Entries.
1:56 Upcoming Economic Data....
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Week Ahead: Price Action Might be More Important than Data, Barring US CPI Surprise
There is no need to debate whether it was tightening by the Bank of Japan or the fourth consecutive rise in the US unemployment rate that spurred the dramatic market reaction at the start of last week. It seems reasonable that both played a role. And the dramatic unwinding of short yen positions, which appeared to help fuel a recovery of the Swiss franc, Chinese yuan began before the Bank of Japan meeting and the US employment report. Moreover, on...
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USDCAD has its share of ups and downs over the last few days. Seller bang against support.
The Sellers are getting their chance against the 200 bar MA on the 4-hour chart and the 61.8%. Can they take more control?
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AUDUSD backs off from the 100/200 day MAs. Support near 50% and 100 bar MA on 4H chart
The AUDUSD is sharply higher from Monday's new 2024 lows, but runs into topside resistance
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Kickstart the FX trading day for Aug. 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
IN the kickstart video for August 9, I take a look at three of the major currency pairs, the EURUSD, USDJPY and GBPUSD from a technical perspective
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No, Chicken Little, the Sky is Not Falling
Overview: The most recent data showed that Japanese investors took advantage of the yen's strength last week to buy foreign bonds and stocks. The US weekly jobs claims to their lowest level in four weeks, suggesting that the slowdown in the labor market remains gradual. The sky is not falling. There is no emergency. With a 28% drop in Japanese bank shares in the first three sessions of the month, stress in Japan was acute, but Japanese official...
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Gold Technical Analysis – A better risk mood lifts gold
#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.
0:44 Technical Analysis with Optimal Entries....
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AUDUSD moving into a cluster of technical levels. Can the momentum continue?
A cluster of technical levels between 0.65733 to 0.6600 is home to 50%, 100 bar MA on the 4-hour chart and the 100/200 day MAs.
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USDCAD price action continues to find support buyers near retracement and MA support
The resistance in the USDCAD is also stalling the bounce near the 50% of the range since the July low. Buyers and sellers are battling between the levels
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USDCHF is moving higher on the day, but runs into the 200 hour MA resistance target
Getting above the 200-hour MA is needed to increase the bullish bias. The 100-hour MA did find support near the MA today.
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Kickstart the FX trading day for August 8 w/a technical look at the EURUSD, USDJPY, GBPUSD
The initial jobless claims came in lower than expectations helping to push the USD higher.
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Consolidation Featured
Overview: Yesterday's poor 10-year note US Treasury auction helped turn the equity market lower and this carried over into Asia Pacific and European activity today. Today, Treasury completes its quarterly refunding with the sale of $25 bln 30-year bonds. The general tone in the foreign exchange market is one of consolidation. Japanese investors were buyers of foreign stocks on bonds last week, according to the latest portfolio flow report, which...
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USDJPY Technical Analysis – All eyes on the US jobless claims today
#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.
0:57 Technical Analysis with Optimal Entries.
2:34 Upcoming Economic Data....
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