Category Archive: 4) FX Trends
Buyers in the USD, tilts the USDCHF technicals to the upside. What would upset the bias?
Recent data boosts USD and pushes USDCHF higher, but key resistance levels and potential downside support levels need to be monitored closely. Buyers gain confidence if support holds at 0.8528-0.8537, while breaking below 0.85185 could weaken the bias. Traders should also watch for the 100 and 200 hour MAs as additional support targets.
Read More »
Read More »
USDCAD trades within up and down ranges, but with a bullish tilt
Discover how the USDCAD is experiencing up and down movements, but with a favorable lean towards buyers. Learn why holding support against the 100 hour MA is crucial and how surpassing key resistance levels could strengthen the bullish bias. Watch the video for an in-depth analysis of the technicals and what it takes for buyers to maintain and expand control.
Read More »
Read More »
Can the US CPI Break the Dollar out of its Consolidation?
Overview: Stocks and bonds are
trading higher, and the dollar is narrowly mixed ahead of the December US CPI
report. Most of the large bourses in Asia Pacific advanced, led by Japan to new
30-year-plus highs. Hong Kong's Hang Seng snapped seven-day slide to post its
first gain of 2024. Europe's Stoxx 600 is up about 0.33%, to recoup most of its
losses in the past two sessions. US index futures enjoy a modest upside bias.
Benchmark 10-year yields in...
Read More »
Read More »
Gold Technical Analysis
#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.
----------------------------------------------------------------------
Topics covered in the video:
0:00 Fundamental Outlook.
0:39 Technical Analysis with Optimal Entries.
1:57 Upcoming Economic Data....
Read More »
Read More »
USDCAD finds support buyers near 100-hour moving average
USDCAD bounces off 100-hour moving average, opening potential for bullish momentum if it holds above key levels.
Read More »
Read More »
AUDUSD buyers had their shot today and missed. What next?
The AUDUSD attempted to break above resistance but failed, resulting in a pullback to a swing area. The currency pair needs to break below the lower end of the swing area to increase bearish bias or move back above the 100-day moving average to tilt the bias to the upside.
Read More »
Read More »
USDCHF range trading today: What lies ahead matters more
Don't be stuck in the narrow trading range. Look ahead to seize opportunities in the USDCHF market.
Read More »
Read More »
Don’t be Burned in the Churn
Overview: The broad consolidation in the dollar after the
gyrations at the end of last week continues, and within it the greenback is a
bit softer today. Among the G10 currencies, only the yen is failing to post
gains. Most emerging market currencies, led by central Europe, are also firmer
today. A notable exception is a handful of Asian currencies, include the South
Korean won, Taiwanese dollar, and the Philippine peso. The market's focus is on...
Read More »
Read More »
WTI Crude Oil Technical Analysis
#crudeoil #futures #technicalanalysis
In this video you will learn about the latest fundamental developments for Crude Oil. You will also find technical analysis across different timeframes for a better overall outlook on the market.
----------------------------------------------------------------------
Topics covered in the video:
0:00 Fundamental Outlook.
0:52 Technical Analysis with Optimal Entries.
2:04 Upcoming Economic Data....
Read More »
Read More »
USDJPY advances to new session highs. Price is back above the 100 hour MA.
The USDJPY has seen up and down price action around the 100 hour MA in trading today. Staying above in the new trading day keeps the buyers in control in the short term with hopes for more upside momentum.
Read More »
Read More »
NZDUSD: Muddling along. Flip-a-coin as traders work through more bullish or more bearish.
The NZDUSD buyers and sellers are unsure of the next move and that is being reflective in the technicals for the pair.
Read More »
Read More »
EURUSD: Falls to new session lows and in the process, falls below a key swing area
The EURUSD has fallen to new session lows, breaking below a key support level at 1.0929. If the break holds, the next target area is between 1.0878 and 1.0894. A move back above the support level would signal a rebound to the upside.
Read More »
Read More »
AUDUSD moves lower and for the 3rd day in a row, falls back below the 50% retracement.
Will sellers maintain control as AUDUSD falls below 50% midpoint? Potential rebound at swing area.
Read More »
Read More »
USDCHF stuck in a trading range: Bulls struggle at resistance. Bears lean on support.
USDCHF is caught in a narrow trading range as sellers at resistance and buyers at support battle for control. Bulls need to break above 0.8519 for a bullish bias, while bears aim for a move below 0.8459.
Read More »
Read More »
Kickstart the forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD
What levels are in play for the 3 major currencies as markets reverse the trends from yesterday
Read More »
Read More »
The Dollar Goes Nowhere Quickly
Overview: The dollar continues to consolidate
broadly after the dramatic price swings at the end of last week. For the most
part, the greenback remains inside yesterday's ranges, which were inside last
Friday's. The G10 currencies are a little heavier today, except the Japanese
yen and Norwegian krone, which are posting small gains. Indeed, the greenback is near session highs against most of the major currencies as we go to print. Emerging market...
Read More »
Read More »