Category Archive: 4) FX Trends
Week Ahead: Politics, Economics, and the Yen
The relationship between interest rate expectations and the foreign exchange levels is more complicated than many textbooks or conventional wisdom allows. Australia's and Norway's central banks pushed against rate cuts this year, and their currencies were rewarded. The Reserve Bank of New Zealand said more or less the same thing, but investors are less sanguine and took the New Zealand dollar down as much as it took the Australian dollar higher....
Read More »
Read More »
AUDUSD moves lower and tests converged 100/200 bar MAs on 4-hour chart at 0.6638
The 100/200 bar MA on the 4-hour chart is in the middle of the trading range confining the pair over the last 6-7 weeks. Key level today and going forward for the pair.
Read More »
Read More »
USDCHF tests the highs for the week after the sharp rebound after the SNB rate cut
The SNB cut rates yesterday which weakened the CHF (higher USDCHF). The pair is approaching 100 bar moving averages on the 4-hour chart and daily chart at 0.8938 and 0.8965 respectively
Read More »
Read More »
Kickstart the FX trading day for June 21 w/a technical look at the EURUSD, USDJPY & GBPUSD
What is driving the major currency pair - the EURUSD, USDJPY and GBPUSD - and why from a technical perspective is discussed in the kickstart video for June 21, 2024
Read More »
Read More »
Computer Glitch–Brief Commentary
Thanks for your patience. See you tomorrow. Japan: USD reached nearly JPY159.15, highest since late April. US Treasury added Japan to fx watchlist after recent intervention. USD up past six consecutive sessions coming into today. Japanese rhetoric about fx escalates. National CPI headline and core ticked up primarily utilities (electricity and gas). Excluding food and energy, CPI slowed to 2.1% from 2.4%. This was largely in line with the Tokyo...
Read More »
Read More »
SNB Surprises the Market (Again)
The US dollar is trading higher against all the G10 currencies today but the Norwegian krone. Norway's central bank left policy on hold and warned that if the economy performs as expected, it does not anticipate a rate cut until next year.
Read More »
Read More »
Gold Technical Analysis – The bullish momentum is picking up
#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.
----------------------------------------------------------------------
Topics covered in the video:
0:00 Fundamental Outlook.
1:00 Technical Analysis with Optimal Entries.
2:33 Upcoming Economic Data....
Read More »
Read More »
USDJPY Technical Analysis – The path of least resistance remains to the upside
#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.
----------------------------------------------------------------------
Topics covered in the video:
0:00 Fundamental Outlook.
1:34 Technical Analysis with Optimal Entries.
2:54 Upcoming Economic Data....
Read More »
Read More »
Anticipating your trade: What are the key levels in in the GBPJPY & EURJPY?
The best traders anticipate the next trade. In this video I take a look at the GBPJPY and the EURJPY anticipating the key risk and buying defining levels for each pair and explain in full detail.
Read More »
Read More »
AUDUSD rotates back above the 100/200 bar MA on the 4-hour chart. Shifts bias to buyers.
The AUDUSD has moved higher and in doing so, is back above the 100/200 bar MA on the 4-hour chart between 0.6631 and 0.635
Read More »
Read More »
USDCHF sellers making a break for it. Falls below & away from 200D MA/38.2% retracement
The 200 day MA at 0.8896 and 38.2% retracement 0.8883 is broken today. Pair tests the next target between 0.8819 and 0.8838
Read More »
Read More »