Category Archive: 4) FX Trends
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
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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
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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...
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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.
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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.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:00 Technical Analysis with Optimal Entries.
2:33 Upcoming Economic Data....
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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.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:34 Technical Analysis with Optimal Entries.
2:54 Upcoming Economic Data....
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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.
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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
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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
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Greenback Catches a Bid
Overview: The dollar has caught a bid ahead of the US retail sales and industrial production figures. It is higher against all the G10 currencies but the Swiss franc. The SNB meets Thursday. It surprised many by cutting rates in March and the same logic (low inflation, move ahead of the ECB, stronger franc) may apply now. A hawkish hold by the Reserve Bank of Australia has not done much for the Australian dollar, which is little changed on the day....
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Gold Technical Analysis – The price consolidates near a key support
#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.
0:59 Technical Analysis with Optimal Entries.
2:31 Upcoming Economic Data....
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