Category Archive: 4) FX Trends
After Hawkish FOMC Minutes, the Dollar Comes Back Softer
Overview: The dollar was aided yesterday
by the hawkish FOMC minutes and the backing up of US rates. The greenback has
stabilized today and is softer against all the G10 currencies. The stronger eurozone PMI masks
divergence between Germany and France but keeps the recovery narrative intact. The
dollar's broad gains pressured the yuan, and the PBOC's dollar reference rate
was set at its highest since January. Favorable guidance by Nvidia is...
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USDJPY Technical Analysis – The path of least resistance remains to the upside
#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.
0:38 Technical Analysis with Optimal Entries.
1:54 Upcoming Economic Data....
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Yen on the edge | GBPJPY market dynamics | Market Outlook with Exness
By: Stanislav Bernukhov
In this week's Exness Market Outlook we dissect the GBPJPY's precarious stance on the forex ice. Are we on the verge of a Yen resurgence? Our analysis takes a deep look at the latest technical signals, including the intriguing story the RSI Indicator is telling about possible oversold conditions.
With Japanese bond yields nearing a crucial 1% mark, we explore the implications for carry trades and how this could bolster the...
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The RBNZ rate decision sent the NZDUSD higher into swing area resistance. What next?
The correction lower in the NZDUSD has taken the price back to the 50% midpoint of the move down from the December 2023 high at 0.61096.
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Kickstart the FX trading day for May 22 w/a technical look at the EURUSD, USDJPY & GBPUSD
What are the technicals saying for the 3 major currency pairs to start the US trading session
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UK CPI Disappoints
Overview: A hawkish hold by the Reserve Bank
of New Zealand and a firmer than expected UK CPI reading have allowed the New
Zealand dollar and sterling to show resilience in the face of the US dollar's
broadly firmer tone. And even there, the Kiwi and pound have seen their early
gains pared. The Swiss franc is the weakest of the G10 currencies today and has
fallen to a new 12-month low against the euro. Emerging market currencies are
mixed. Central...
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GBPUSD Technical Analysis – Hot UK CPI boosts the GBP
#gbpusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the GBPUSD 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.
0:48 Technical Analysis with Optimal Entries.
2:16 Upcoming Economic Data....
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USDCHF buyers are making a play. Can they keep the upside momentum going.
The USDCHF held support at the 100 bar MA on the 4-hour chart and then moved above the 50% at 0.9105.
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Buyers had their shot in the USDCAD after CPI, but could not get above key MA resistance.
The price of the USDCAD has rotated back down after the test of the 100 and 200 bar MA on the 4-hour chart failed.
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Kickstart the FX trading day for May21 w/a technical look at the EURUSD, USDJPY and GBPUSD
The price action is limited but there are some key levels that could help your trading today.
In the kickstart video, I take a look at 3 major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD. What is driving the pairs technically? What would either increase the bullish or bearish bias for each for traders today (and why)?
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Consolidative Tuesday
Overview: The dollar is consolidating but with a somewhat
heavier bias today. The G10 currencies are firmer but for the New Zealand and
Canadian dollars, which are slightly softer. Most emerging market currencies
are also firmer, except for a handful of Asian currencies. The news steam is
light. Equities are trading off. The MSCI Asia Pacific Index
snapped a seven-day rally, and Hong Kong shares and the mainland shares that
trade there led the...
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USDCAD Technical Analysis – A look at the chart ahead of the Canadian CPI
#usdcad #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDCAD 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.
0:43 Technical Analysis with Optimal Entries.
2:11 Upcoming Economic Data....
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