Category Archive: 4) FX Trends
Week Ahead: Can the Dollar’s Downside Correction Withstand the Divergence of Policy?
US President Trump's tariff threats roiled the foreign exchange market at the start of last week, but by the end, the market seemed to have taken what many see increasingly as negotiating positions in stride. The dollar had topped out against several of the major currency pairs a week or so before the election as some participants began moving to the sidelines. We anticipated "buy the rumor, sell the fact" type of activity but thought the...
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The USDJPY stays in an up and down range. That leaves the door open for a break and run.
The 154.73 to 156.733 area has confined the USDJPY over the last week and a half. Look for a breakout next week.
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The AUDUSD has moved above a key swing today & it gives buyers some control into new week.
The AUDUSD moved above the 38.2% of the move down from the end of November at 0.62902 and a swing area between 0.6287 and 0.6301. Stay above gives buyers some hope in the new week.
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The NZDUSD breaks above 38.2% retracement. What does it mean for next week’s trading.
The swing area and the 38.2% between 0.5683 to 0.56917 is key support next week. Stay above and more upside can explored.
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EURUSD extends to new highs after support held. What next for the pair?
The EURUSD broke higher today above the 61.8% and swing area between 1.0448 and 1.0461 and stayed above on the dip. Bulls are in control.
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USDCAD remains in the grasp of the up and down trading range this week.
The sellers are in control, but can they break out or will the short term bias shift once again?
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Dollar Slides
Overview: The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies and nearly all of the emerging market currencies. While the market remains vulnerable to pronouncements from Washington, and next week's policy divergence as the ECB, Bank of Canada, and probably Sweden's Riksbank cut interest rates while the Federal...
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Gold Technical Analysis – A new all-time high is within reach
#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.
0:42 Technical Analysis with Optimal Entries.
1:58 Upcoming Catalysts...
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EURUSD bounces back toward resistance after sellers had their shot and missed
The price of the EURUSD has moved above a swing area between 1.0432 and 1.0436. Above is another swing area and 61.8% between 1.0448 and 1.0461
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The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers
The USDCHF 100 hour MA stalled the rally, keeping the seller in play and control. The 0.90507 adn 38.2% at 0.90209 are targets if the price can stay below the 100 hour MA
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The USDCAD remains in its up and down range, but with a modest bullish tilt
The price of the USDCAD is back above the 100/200 hour MAs today between 1.4382 to 1.43899. Stay above is a bullish tilt. Move below is a bearish tilt.
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Foreign Exchange Market Becalmed (Momentarily?)
Overview: After wild swings in recent days, there is a nervous calm in the foreign exchange market so far today. The US dollar is narrowly mixed against the G10 currencies and is +/- about 0.15%. The dollar bloc and Scandis are softer. Among emerging market currencies, central European currencies and the Mexican peso lead the advancers, while Asia Pacific currencies, including the Chinese yuan and Indian rupee are sporting softer profiles. It is...
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USDJPY Technical Analysis – Focus on the BoJ decision
#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.
1:18 Technical Analysis with Optimal Entries.
2:34 Upcoming Catalysts...
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Oracle continues its run to the upside. What now technically for the stock?
Yesterday, the price moved above its 100 day MA and 200 hour MA. That tilted the bias more to the upside technically and defined the risk for traders too.
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