Category Archive: 4) FX Trends
Stocks and Bonds Retreat; Greenback Extends Recovery but Little Changed Ahead of North American Session
Overview: Stocks and bonds are lower today, and the
dollar is slightly firmer having extended yesterday's recovery. Most of the G10
currencies are lower, though the Japanese yen has recovered from after falling
to its lowest level since May 1. Slightly softer than expected German states'
CPI did the euro no favors. It was sold to a three-day low near $1.0830 before
stabilizing. Sterling steadied after dipping briefly below $1.2750. Most
emerging...
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Gold Technical Analysis – The bias remains bearish
#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.
0:24 Technical Analysis with Optimal Entries.
1:32 Upcoming Economic Data....
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USDCAD defines the technical support and resistance bookends
The USDCAD moved lower after PPI data, but found support buyers against swing area support. The subsequent rise to the price up to its 200 hour moving average, where sellers entered. Support and resistance is now defined. What next?
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Kickstart the trading day for May 28 w/a technical look at the EURUSD, USDJPY and GBPUSD.
The USD is lower with the EURUSD and GBPUSD stretching to the upside in early US trading
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The Greenback is Mostly Softer
Overview: The dollar initially extended its
pre-weekend and yesterday's heavier tone before finding a better bid in the
European morning. Still, as North American dealers return to their posts the
dollar is still mostly softer against the G10 currencies, but it is little
changed to slightly firmer against the Japanese yen. Most emerging market
currencies are firmer, but the South African rand is softer ahead of their
election, the Mexican peso is...
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USDJPY Technical Analysis – The bullish bias remains intact
#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.
0:45 Technical Analysis with Optimal Entries.
2:01 Upcoming Economic Data....
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Holiday Overview: The State of Play
FX: The dollar
traded mostly higher last week. I suspect more near-term gains, but
I am less convinced than I was a week ago. Given the FOMC minutes
and more recent commentary from Fed officials, I suspect the market is
exaggerating the chances of two cuts this year. That had been my
leaning too, but I think the recent resilience of the labor market and
sticky inflation has shifted the views at the Fed. The...
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EURUSD Technical Analysis
#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD 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.
0:35 Technical Analysis with Optimal Entries.
2:00 Upcoming Economic Data....
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Week Ahead: Near-Term Dollar Outlook Less Clear than a Week Ago
Stronger than expected data and hawkish FOMC minutes helped lift US
rates and the greenback last week. That market continues to also reduce the
extend of ECB easing this year is notable but did not prevent the euro from
snapping a five-week advance. The 10-year Japanese government bond yield rose
above 1% last week for the first time since 2012, but the US dollar traded above JPY157 for the first time since the BOJ is believed to have intervened...
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The USDCHF is higher on the week but moved to an old ceiling and stalled. What next?
The USDCHF moved to the high of an old ceiling at 0.9156, but stalled. Sellers leaned. However, close support comes in at 0.9133 (a retracement). Those levels will be close support and resistance to start the new trading week.
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The EURUSD has rotated higher into the week close. What next? Can the buyers keep control?
The EURUSD is above its 100/200 hour MAs. Those MAs are a key barometer area today and going into the new trading week
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