Category Archive: 4) FX Trends
The USDCHF moved lower/it moved higher.It is up testing 100/200 hour MAs & finding sellers
The price of the USDCHF needs to get above the 100/200 hour MAs to increase the bullish bias. Absent that, and the sellers are still in control.
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Kickstart the FX trading day for Sept 6 w/a technical look at the EURUSD, USDJPY & GBPUSD
US jobs report weaker than expected, driving significant movements in major currency pairs
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The Market Discounts around a 40% Chance of not One but Two 50 bp Cuts in last Three FOMC Meetings of the Year Ahead of Jobs Report
Overview: The US jobs report is front and center. The market is going into the report with about a 40% chance of a 50 bp Fed rate cut later this month. The Dollar Index is trading lower for the third consecutive session. Helped by the fifth consecutive decline in US 10-year yields, the yen approached last month's high but without the turmoil seen in July and August. Still, equity markets are under pressure. Most large markets in the Asia Pacific...
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Gold Technical Analysis – All eyes on the US NFP
#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.
0:46 Technical Analysis with Optimal Entries.
2:08 Upcoming Catalysts....
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USDCAD waffles above and below the 100 hour MA today
The BOC cut rates yesterday but the CAD moved higher. The move is stalling today with narrow up and down trading near hourly MA levels.
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Kickstart the FX trading day for Sept 5 w/a technical look at EURUSD, USDJPY and GBPUSD
The employment data in the form of ADP employment, Initial jobless claims and Unit Labor costs show a mixed picture ahead of the US jobs report tomorrow
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Disappointing US Data Followed by Better Japanese Wages and Stronger German Factory Orders Weigh on the Greenback
Overview: The one-two punch of the disappointing US job opening report and the downbeat Beige Book weighs on the US dollar, which is softer against all the G10 currencies. The Canadian dollar is a notable exception. Prime Minister Trudeau's minority Liberal Party lost key support and the Bank of Canada affirmed expectations for more rate cuts. Japan's wage growth was stronger than expected, underscoring the divergence of policy and the dollar was...
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EURUSD Technical Analysis – The greenback is back under pressure on soft US data
#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD 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.
1:03 Technical Analysis with Optimal Entries.
2:34 Upcoming Economic Data....
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Kickstart the FX trading day w/ a technical look at some of the major currency pairs
In this video, I take a look at the key technicals in play given the price action in the EURUSD, USDJPY, GBPUSD and a special look at the USDCAD ahead of their interest rate decision at 9:45 AM ET
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Dollar Consolidates as Stocks Melt
Overview: The sharp losses in global equities are dominating today's market developments. Yesterday's 2.1% loss of the S&P 500 and 3.25% drop in the Nasdaq were the largest since carry-trade unwind climaxed on August 5. They have fallen more today and are poised to gap lower at the opening. Asia Pacific shares tumbled, led by Taiwan's 4.5% tumble and the Nikkei's 4.25% loss. It delivered Indian stocks its first loss in nearly three weeks....
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Gold Technical Analysis – We are testing the bottom 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.
0:41 Technical Analysis with Optimal Entries.
2:11 Upcoming Catalysts....
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NZDUSD falls helped by risk-off, commodity selling, slower growth.What about the technical?
NZDUSD falls as risk-off mood grips markets. Price dips below key MA, setting lower targets ahead.
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USDCAD moves higher as Oil/Commodities fall and eyes key upside resistance targets
For the USDCAD, the 1.3561 and 1.3590 areas are topside targets for the pair.. I explain why in this video.
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The Dollar is Bid but Ueda Lends Support to the Yen
The dollar is bid as the upside correction that began last week continues today. The greenback is trading above last week's highs against most of the G10 currencies. The yen is the notable exception.
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Gold Technical Analysis – The calm before the storm?
#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.
0:54 Technical Analysis with Optimal Entries.
2:00 Upcoming Catalysts....
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September 2024 Monthly
As the summer in the Northern Hemisphere gives way to the fall, monetary policy and politics will shape the investment and business climate. Even if history does not repeat itself, there are still insights to be gleaned. In the last few months of 2023, the market expected aggressive interest rate cuts this year.
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