Category Archive: 4) FX Trends
Ceasefire Lifts Animal Spirits
Risk appetites have been excited by the two-week cease fire in the Middle East. Stocks and bonds have rallied strongly. The precious metals are higher. May WTI is off more than 15%. June Brent is about 13% lower. The US dollar is weaker against all the G10 and emerging market currencies that are trading. The … Continue reading...
Read More »
Read More »
The US Dollar sinks on the US-Iran ceasefire agreement; USDJPY approaches a key support
#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 Overview
1:40 Technical Analysis with Optimal Entries
2:47 Upcoming Catalysts...
Read More »
Read More »
AUDUSD Technicals: AUDUSD pinned between trend line above and MAs below
The 200 hour MA and then 100 hour MA stalled the falls today. The rebound higher found willing sellers near a topside trend line.
Read More »
Read More »
On the Edge of the Abyss
The dollar is mostly narrowly mixed against the G10 currencies. Leaving aside the Swedish krona, which has fallen nearly 0.75% on the back of an unexpected soft March CPI, the other G10 currencies are +/- less than 0.2%. Investors remain on edge ahead the US ultimatum deadline, which is in the Asia Pacific session today. … Continue reading...
Read More »
Read More »
Cease-Fire Hopes Blunt US Ultimatum
The US deadline on Tehran for re-opening the Strait of Hormuz has subtly shifted until tomorrow. The holiday-thinned market initially bought dollars and oil and took risk off in response to the continued attacks and the escalation of US rhetoric. However, negotiations, apparently led by Pakistan, Egypt, and Türkiye for a 45-day cease fire, have …
Read More »
Read More »
Week Ahead: It’s Still Mostly about the War
The Middle East war remains the dominant fundamental condition. There continues to be some indication that market participants are hopeful of a resolution soon. The May WTI contract settled near $111.55 last week, which appears to build in the risk of near-term escalation, but the June contract settled close to $98. The September contract is …
Read More »
Read More »
Risk of Escalation Discourages Risk Taking while US Jobs Report May Extend the Dollar’s Narrow Ranges
The shroud of the Middle East war overhangs the Good Friday holiday. The attack on an Iranian bridge yesterday threatens a response in kind by Tehran, and this will serve to keep risk appetites in check ahead of the weekend. Many centers will be closed on Monday, as well. The main interest today is with …
Read More »
Read More »
The USDCHF based at a key support target and it led to bounce. What does that tell you?
While the price was selling off yesterday, it ran into a channel trend line and stalled. Risk could be defined and limited against the trend line and a moving average as well. Risk is more important than you might think.
Read More »
Read More »
USDCAD reverses higher today and reversing the declines from the last two days
The price has moved back toward the Monday closing level. Back above the 100 hour MA and looks toward swing area target at 1.39246 to 1.3937
Read More »
Read More »
Hope Dashed, Risk Appetites Slashed Ahead of Long Holiday Weekend for Many
President Trump’s national address seemed to contain little more than a reading of some of his recent social media posts. The market was eager for some sign of confirmation of its hope that had buoyed the capital markets in the last couple of sessions. It found none. The threat of escalating attacks while reiterating that …
Read More »
Read More »
AUDUSD buyers follow through with more buying today. Watching the broken 200 hour MA now.
The 200 hour MA in the AUDUSD was broken at 0.6922. Can the price continue to hold that level and run to the upside?
Read More »
Read More »
The USDCHF moves from a higher trend line to a lower trend line. Testing key support.
The USDCHF tests a key technical target defined by lower channel trend line and 100 bar MA and 100 day MA. Key technical support cluster.
Read More »
Read More »
The markets continue their positive progression with stocks higher, oil/yields/USD lower.
The EURUSD, USDJPY and GBPUSD are following a dollar lower pattern as hopes for an end to the war dominates
Read More »
Read More »
Hope Boosts Risk Appetites and Drags the Greenback Lower
Hope springs eternal, and the capital markets are trading on hope that the Middle East war ends shortly, even as missiles continue to be fired in the region. President Trump again hinted that the war may be winding down shortly. He will address the nation at 9:00 pm ET today. At a news conference today, …
Read More »
Read More »
USDJPY moves further from the 160.00 level and cracks below the 200 hour MA target
The 200 hour MA comes in at 159.19 and that is now a close risk level for sellers looking for more downside. Targets at 158.89 and then 158.558.
Read More »
Read More »
Mixed War News Keeps Oil Firm and the Greenback Consolidating
War developments pulled in both directions, leaving investors on edge On the one hand, Iran struck an oil tanker, carrying Kuwait oil, in port in Dubai. On the other hand, reports suggest President Trump told aides he is willing to wind down hostilities and pressure Iran diplomatically to re-open the Strait of Hormuz. May WTI …
Read More »
Read More »























