Category Archive: 4) FX Trends
What’s in play for the Canadian dollar
This week's Canadian dollar bounce highlights the Presidential premium
The world of foreign exchange is multi-variate so you never get a full grasp on what's moving a currency on any given day.
Economics always overshadows politics and the US election has been playing out in the background for months. There are certainly election trades in equities and other pockets of markets but big macro trades have been tough to handicap, particularly because...
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Nervous Calm Hangs over the Markets
Overview: A nervous calm hangs over the markets as the US goes to the polls. The proximity of the presidential contest warns that the results may not been known as soon as people hope. Indeed, many fear the voting simply begins the next phase of the contest, with premature declarations of victory and disputes over votes. The dollar is in mostly narrow ranges today, but the Antipodeans and Scandis are the strongest, and the Reserve Bank of Australia...
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USDJPY Technical Analysis – It’s the US Election Day
#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.
0:39 Technical Analysis with Optimal Entries.
1:55 Upcoming Catalysts...
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USDCAD falls below the 100 and 200 hour MAs. First break below 200 hour MA since October 2
The USDCAD price falls below the 200 hour MA at 1.38896 for the first time since October 2
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US Polls Spur Position Adjusting Ahead of Tomorrow’s Election
Overview: Weekend polls in the US made it seem that the Trump victory, which many large pools of capital, had discounted, was not so inevitable after all. The most dramatic market response was taking US yields and the dollar lower. The US 10-year yield is off about nine basis points to straddle 4.30% and the two-year yield down four basis points to around 4.16%. The greenback is also against all the G10 currencies. Most emerging market currencies...
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Gold Technical Analysis – Some de-risking going into the US Election
#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.
1:00 Technical Analysis with Optimal Entries.
2:18 Upcoming Catalysts...
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November 2024 Monthly
We have all experienced how capital markets exaggerate. A few months ago, the focus was on the carry-trade, then the unwind. More recently, it was the euphoria around the numerous measures Beijing announced to support the property and stock markets and the attempt to reduce the risk of the local government debt. And now, as the US election approaches, it has become an important market driver. If the markets were fully rational, we might explain...
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GBPUSDs upa snd downs this week sets up for next weeks trade
The ups and downs this week set traders up for a move next week. What levels will help show the way?
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EURUSD moves back into the “Red Box” going into the new trading week. Buyers had their shot & missed
The traders in the EURUSD will be looking for Break above the 200 day MA or below a swing area down to 1.07609
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USDCAD consolidation sets up for a break next week. What levels are key for traders and why
USDCAD consolidation near key resistance at 2024 high. Will the ceiling break for a bullish move toward 2022 highs? Traders, keep an eye on the levels and momentum!
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US Job Report may Offer Little Relief ahead of Next Week’s US Election and Meetings by Half of the G10 Central Banks
Overview: The first of what promises to be two tumultuous weeks is winding down. The US jobs data is the last big event. It is widely recognized that it will be skewed to the downside because of hurricanes and some mostly temporary factors. Anticipating the market’s reaction is also complicated by the weekend, and reports that Iran may strike back at Israel (through bases in Iraq?), and next Tuesday's US election, and five G10 central bank meetings...
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