Category Archive: 4) FX Trends
Heightened Speculation that Fed may Cut 50 bp Next Week Sends the Dollar Lower
Overview: The US dollar is falling against nearly all the world's currencies today amid heightened speculation that a 50 bp cut is still on the table for next week's FOMC meeting. In the derivatives market, the odds are the highest in several weeks. The ostensible trigger was apparently a news wire story by a reporter thought to be used by some Fed officials to foster communication. A few former Fed officials also seemed to endorse a half-point...
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USDJPY Technical Analysis – Fed “insider” Timiraos weakens the USD
#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.
0:54 Technical Analysis with Optimal Entries.
2:16 Upcoming Economic Data....
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Gold is precious in the eyes of investors. The precious metal breaks to new all-time highs
The ceiling area between $2526.43 and $2531.67 is being broken today. Stay above and the sky's the limit.
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The ECB and the $1.10 level in the Euro
Overview: The US dollar is narrowly mixed against the G10 currencies. The dollar bloc, Japanese yen, and Swiss franc are sporting slightly softer profiles, while the European currencies enjoy a firmer today. There is more than 3 bln euro in options struck at $1.10 that expire today that still seem to be in play. And there is a large option at GBP1.30 that expires Monday. The ECB's rate decision and President Lagarde's press conference are the...
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USDCAD trading down and up but stays below the 38.2% of the August trend move lower
The USDCAD is stretching higher but it comes with downs and ups. There is work to do, to increase the bullish bias.
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Little Discussion about the US Budget Deficit in the Debate, But Falling Yields Drag the Greenback Lower
Overview: The US 10-year yield is lower for the eighth consecutive session. The yield was near 3.90% at the end of August. It is now flirting with 3.60%. The two-year yield has fallen 35 bp since the end last month to about 3.55%. Although Vice-President Harris was seen winning last night's debate, it is not clear if it was a more important driver than the continued decline in US rates, despite the budget deficit not the discussed much in the...
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USDJPY Technical Analysis – Expectations for a 50 bps cut remain alive
#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.
1:12 Technical Analysis with Optimal Entries.
2:37 Upcoming Economic Data....
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NZDUSD rebounds after testing 38.2% retracement and finding support buyers
The 38.2% of the August trend move higher comes in at 0.6126. Close resistance at 0.6167 noiw, followed by a cluster of MAs between 0.61814 and 0.62039.
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AUDUSD sellers are banging against a cluster of support. Can the sellers push through?
Technical support defined by the 38.2% retracement, 100 day moving average and 200 bar moving average on the 4-hour chart come between 0.6642 and 0.6650
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The USDCHF runs up to the 100 bar MA on 4-hour chart and finds willing sellers
The 100-hour MA is holding support below as buyers and sellers battle it out between MA levels.
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Kickstart the FX trading day for Sept 10 w/a technical look at the EURUSD, USDJPY & GBPUSD
What technical levels are in play for the 3 major currency pairs to start the US session on September 10
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Consolidative Tuesday
Overview: The US dollar is mostly consolidating so far today with a slightly heavier bias against the G10 currencies and most emerging market currencies. The larger than expected Chinese trade surplus did not lift the yuan. The greenback is trading above its 20-day moving average against the Chinese yuan for the first time since late July. Sterling is rising for the first time in three sessions after a strong jobs report. The Canadian dollar is the...
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Gold Technical Analysis – We remain stuck in the range
#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.
0:50 Technical Analysis with Optimal Entries.
1:57 Upcoming Catalysts....
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