Category Archive: 4) FX Trends
NZDUSD sellers defining the ceiling for the pair between 0.56837 and 0.56917.
If the price can stay below that key area, the sellers remain in play, while the buyers have work to do to take more control.
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AUDUSD runs into sellers near swing area/retracement target. Seller make a play.
Volatile price action in the AUDUSD finds willing sellers near swing area between 0.6287 to 0.6301
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The USDCAD remains within the “Red Box” that has confined/defined the range since mid-Dec.
A cluster of MAs dissect the Red Box near the middle of the range and is play today as a barometer for the buyers and sellers.
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US Dollar Extends Losses after North America Faded Yesterday’s Tariff-Threat Induced Gains
Overview: The
US tariff threat was extended to China and the EU yesterday but after the North
American market shrugged it off yesterday, for the most part, the market seemed
to take it in stride. It is too early to say the market is becoming immune to
the rhetoric. Still, the dollar is mostly softer today. Ironically, despite
high confidence of a BOJ rate hike on Friday, the yen is the only G10 currency
is lower on the day as the North American...
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Gold Technical Analysis – We got a key breakout
#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.
0:37 Technical Analysis with Optimal Entries.
1:48 Upcoming Catalysts...
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Oracle share spike higher and tilt the bias to the upside.What keeps the buyers in control
The price is back above the 200-hour MA at $168.58. Stay above keeps the buyers in firm control
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A trade war just got a bit less likely
Adam Button from ForexLive spoke with BNNBloomberg on Trump's first day in office and spoke about some of the early takeaways.
The first market move of Trump's second Presidency was: US dollar weakness.
It was a sharp move on a report -- later confirmed -- that Trump won't be initiating any tariffs to begin his term. The main lesson in that -- and I think we've learned this before -- is that Trump's bark is worse than his bite. There was fear this...
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USDCHF follows the USD lower after holding resistance at a key MA level. What next?
WIth the price of the USDCHF below the 100/200 hour MAs, the sellers are more in control
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Kickstart the NA FX trading day with a technical look at the 3 major currency pairs.
A look at the technicals driving the EURUSD, USDJPY and GBPUSD, and a summary of other market moving news to start the North American session.
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Tariff Tuesday
Overview: The little emphasis on tariffs initially yesterday saw the US dollar pullback, the renewed threat of 25% tariffs on Canada and Mexico as of February 1 roiled the foreign exchange market and the dollar has come back bid. The Canadian dollar, among the G10, and the Mexican peso, among emerging market currencies have been the hardest hit, but the greenback is broadly higher. All the G10 currencies, but the yen and Swiss franc are off at...
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USDJPY Technical Analysis – Some consolidation ahead of 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.
1:02 Technical Analysis with Optimal Entries.
2:07 Upcoming Catalysts...
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Gold Technical Analysis – Eyes on a potential breakout of the range
#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.
0:30 Technical Analysis with Optimal Entries.
1:34 Upcoming Catalysts...
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Week Ahead: Book-Ended by Trump’s Inauguration and the BOJ Rate Decision
There were four important macro developments to note in recent days. First, the recent string of US economic data was firmer than expected and GDP looks to have expanded close to 3% in Q4. With the help of guidance by Federal Reserve Waller, who is thought to be a possible successor to Chair Powell, played up the possibility of a cut in H1, and the market implemented the guidance and has next cut nearly priced in for the June FOMC meeting. Second,...
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NZDUSD: A lot of chop in the trading this week, but the sellers are still in control
What are the technicals telling us in the NZDUSD. What is needed for the buyer to take back more control?
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