Category Archive: 4) FX Trends
USDCHF trades above and below the 50% midpoint of the move down from the May high
The 50% is at 0.87986. The falling 200 day MA and swing area at 0.8817 and up to 0.8825 area giving traders some cause for pause ahead
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The Dollar Remains Bid, While the Euro and Swiss Franc are Sold Through Last Week’s Lows
Overview: The dollar is bid to start the new week. It has taken out last week's high against the Swiss franc, and the euro has been sold through last week's lows. The divided opposition allowed Ishiba to continue as Japan's prime minister, heading up a minority government. The German government collapsed last week. Chancellor Scholz wanted to hold off holding (and losing) a vote of confidence until January, setting the stage for elections, but it...
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Gold Technical Analysis – The Fed might be forced to pause earlier than expected
#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.
0:41 Technical Analysis with Optimal Entries.
2:02 Upcoming Catalysts...
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Week Ahead: US Dollar Poised to Extend Gains
Two of the most tumultuous weeks of the year are behind us. The sweeping GOP victory in the US cannot be considered anything but a mandate. The shock experienced in 2016 is not being repeated, but there is limited visibility Perhaps, the stance articulated at the press conference by Fed Chair Powell that the central bank does not "guess, speculate, or assume" about the policies of the next administration and the impact on efforts to...
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The GBPUSD moves up and down with the extremes doing a good job of support and resistnce
ON the wide the GBPUSD did a pretty good job of remaining within support down near 1.2845 and resistance up to 1.3058.
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The USDCAD remains within an up and down range this week, with the bias tilting to upside.
The 100 and 200 hour MA at 1.38918 to 1.3904 is a bias defining level for next week. On the topside double top at 1.3958. ON the downside move below 1.38337.
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AUDUSD has a up and down week, but the bias is lower going into the new week
The 200 day MA, 100 bar MA on the 4-hour chart and the swing area between 0.66189 to 0.66287 is the bias defining level today and into next week.
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The kickstart FX video takes a look at the 3-major currency pairs AND USDCAD after jobs.
What technical levels are in play for the EURUSD, GBPUSD and USDJPY along with a bonus look at the USDCAD?
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Searching for Direction
Overview: The capital markets have been choppy as pre-existing positioning meets new thoughts on the implications of a second Trump administration. The dollar has found better footing today after giving back a chunk of Wednesday's gains yesterday. The yen is an exception, but it is not exception that the dollar trades heavier against the yen as the US 10-year yield drifts lower. On the week, the most G10 currencies are holding on to gains against...
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USDJPY Technical Analysis – Interesting reversal in the US Dollar
#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.
1:31 Technical Analysis with Optimal Entries.
2:45 Upcoming Catalysts...
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NZDUSD buyers take back some control to the upside. Can they keep it?
NZDUSD buyers regained control, pushing the pair above key moving averages. Breaking through resistance at 0.6031-0.60387 could signal further upside. On the downside, hold above 0.6005 to maintain bullish bias.
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Serenity Now
Overview: The markets are calmer after yesterday's post-US election drama. A consolidative tone has emerged in the foreign exchange market, and the dollar is softer against all the G10 currencies, led the 1% gain in the Norwegian krone, after the central bank left rates on hold. Sweden's Riksbank delivered the expected half-point cut and the krona is up 0.5%. Japanese officials warned against excessive moves, and the PBOC set the dollar's...
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