In this video update, we take a look at CADJPY and it's potential move into 83.50. CAD is bid across the board and Sentiment indicators suggest retail traders are short JPY. Typically, the market moves in the opposite direction to the retail sentiment.
IN THIS VIDEO, WE TAKE A LOOK AT THE EURUSD AND WHY WE ARE WAITING FOR A BREAKOUT. PRICE CONTINUES TO FIND SUPPORT AT THE 1.1300 LEVEL HOWEVER THE ECB REMAIN DOVISH AND A BREAK BELOW WILL SURELY SEE THE EURO BEARS IN CONTROL.
IN THIS VIDEO, WE TAKE A LOOK AT AUDCAD AND THE POTENTIAL FOR FURTHER DOWNSIDE. PRICE IS TRENDING LOWER ON THE WEEKLY, DAILY AND NOW THE 4HR CHART. COMBING THE TIMEFRAMES WE HIGHLIGHT AN AREA OF RESISTANCE WHERE PRICE COULD MOVE LOWER FROM MOVING INTO NEXT WEEKS TRADING.
IN THIS VIDEO, WE TAKE A LOOK AT AUDJPY. WHY WE TOOK A SHORT, HOW WE ARE MANAGING THE SHORT AND WHAT COULD HAPPEN NEXT. PRICE CAME INTO THE KEY RESISTANCE AND FORMED A BEARISH DOJI CANDLE, HIGHLIGHTING POTENTIAL DOWNSIDE. 4HR CHART HAS FORMED A HEAD AND SHOULDERS PATTERN SHOWING A CHANGE IN CYCLE.
IN THIS VIDEO UPDATE, WE TAKE A LOOK AT THE EURUSD AND HOW IT COULD PLAY OUT IN THE COMING WEEKS. PRICE IS CURRENTLY FORMING A BEARISH WEDGE PATTERN WITH A HIGH PROBABILITY OF A BREAKOUT TO THE DOWNSIDE. A BREAK WILL SEE SELLERS ENTER THE MARKET WITH THE TARGETS BEING THE 1.618 FIB EXTENSION HIGHLIGHTING A SUPPORT AREA.
IN THIS VIDEO UPDATE, WE TAKE A LOOK AT THE USD AND HOW IT MAY BE SHAPING UP FOR THE WEEK AHEAD. LAST WEEKS CANDLE FINISHED AS A STRONG BULLISH CONTINUATION CANDLE AND WITH PRICE FORMING HIGHER HIGHS AND HIGHER LOWS THIS MOVE COULD CONTINUE BACK INTO THE PREVIOUS WEEKLY HIGHS OF $97.50.
In this video, we take a look at the US30 and how it moves after the current development between the US and China. China said to offer a 6-year import boost of more than $1 trillion. The US, however, would like this to happen in the next 2 but at least negotiations seem to be moving forward.
In this video, we take a look at a currency pair that could move higher using strength and weakness analysis. The 4hr timeframe is trending higher nicely, look for continued higher highs and higher lows into the next key resistance.
USD has started to stall around the $96.00 area and with the US government shutdown continuing we could start to see the effects roll over to the USD. If we see bearish price action here we could look for further USD shorts as price continues to make lower lows and lower highs in line with the downtrend.
In this video update, we take a look at how the NZDUSD is finishing this week. We expected the NZD to benefit from the potential USD weakness this week and it rallied significantly. If the market remains bullish we expect further upside next week as long as the USD can continue to move lower. This along with the AUD will be under pressure as the trade war...
In this video update, we take a look at NZDUSD and what long opportunities we expect next. We previously talked about this as the weekly chart looked likely to continue the uptrend. 4hr chart is offering us long opportunities if the market can re-test previous highs.
In this video update, we take a look at the current sell-off of the USD and how it has affected the EURUSD. The market is currently above 1.1500 if it can hold and close above there by the end of the week expect further upside to come.
USDNOK looks likely to continue lower after forming a head and shoulders pattern on the 4hr chart. The weekly chart is in an uptrend however price has recently tested a key area of resistance. With the USD weakness combined with stabilizing oil prices, the NOK could see further upside pushing this chart lower. If price retraces to the head and shoulders neckline...
In this video update, we take a quick look at the DXY and how the USD is shaping up after closing below a key support zone. If price continues to fall EURUSD should break and close above the 1.1500 level confirming a move higher. Keep an eye on the 4hr chart here as it may pullback to the key support zone before moving any lower.
In this video update, we take a look at the US30 and how it could be shaping up for the year ahead. We could see a short-term rise in the market before seeing significant downside. The upside will largely come from the USD weakness if it can break lower, however, with the slowdown in the Chinese economy we could see further downside back into the key support.
In this video update, we take a look at USDSGD as it approaches a key support level. If the market can break lower and sellers push the market further we can look for continuation trades into the next key support zone.
In this video update, we discuss the recent move on the DXY as we have seen the index break out of a key range between 97.50 and 96.20. With the decline in the Bond market, it begs the question, will the USD follow suit? Typically, when the 10 and 30 yr US bonds decline the USD follows over time and those markets have dropped significantly through December. If...
In this video update, we take a look at USDJPY as overnight APPL revealed their Q1 data which showed a potential slowdown in the Chinese economy. This caused investors to move their money from risk on to risk off with JPY and Gold benefiting from the poor data. Looking at the technicals price has bounced from the support of 105.20 however the move has been...