In this video update, we talk about the USD and what we expect to see ahead of the FOMC rate statement this evening. The Fed is likely to cut rates by 0.25% and if they continue to discuss further easing we could see the USD weakness continue.
Will today finally bring some direction to the USD? The federal reserve is set to cut interest rates by 0.25%, but the language they use will be more important. If the fed decide to be more aggressive with future rate cuts we may see the USD weaken significantly. Even if the fed use hawkish comments we are likely to see President Donald Trump try to continue...
EURUSD is at a key technical level where technical traders will be looking to short the market. However, fundamentally we expect the USD to weaken as the USD comes under pressure from President Trump and the Fed. Price on the 4hr timeframe is currently consolidating and a break of the range will be key to identifying the sentiment.
In this video update, we take a look at the recent USD strength after the recent FOMC interest rate decision. The need for the Fed to cut rates has slowed and become less aggressive because of the recent good data. Fed Chairman Powell continued his hawkish outlook in the press conference which has helped sustain the USD rally. A close above the highs will be key...
USDCAD lined up with our strategy trade at the end of day close. In this video, we discuss the current reasons for taking the trade, how we can manage the positions and what to do going forward. If price continues the downtrend we expect to see the key demand zone of 1.2900 tested before the end of the year.
The USD strength continues despite the likelihood that the Federal Reserve will cut rates by 25bps this week. The key for any break or bounce here will be left in the hands of the fomc press conference. If the FED is aggressive with the way they want to cut rates then we should see USD weakness. If they feel there is no need to cut rates so aggressively then a...
In this video update, we take a look at EURUSD and USD Index to continue looking for the USD weakness. Price on the USD Index has recently tested 96.00 which could see some buyers step back in short-term into the previous structure lows. EURUSD has broken higher and is heading towards a key supply zone where we could see price retrace into the key highs before going long.
In this video update, we discuss the two scenarios ahead of this meeting and what could happen if the Fed discuss further cuts in the future or if they downplay the need to cut rates going forward. Inflationary data suggest a cut is likely but will FED chair Powell want to open the flood gates for the USD bears. We are not so sure...
Gold has recently tested the $1350.00 resistance and is currently rejected. The recent CoT reports highlighted an increase in short contracts if price closed below this key resistance we could see a short-term fall in price.
In this video update, we take a look at USDCAD as the price has broken through longer-term trendline support. Recently we saw USD weakness come into play and the Canadian Dollar benefitted massively. We expect this decline to continue and a re-test of 1.3300 will be ideal in order to look for further shorting opportunities.
In this video update, we take a look at NZDUSD as we expect the price to test the 0.6700 resistance. The CoT reports highlighted an increase in long contracts this week showing us the commercials are happy to buy at these levels. The 4hr timeframe has highlighted a minor demand zone around 0.6600 where the price could find buyers.
In this video update, we are taking a look at NZDUSD as the price is breaking into new highs on the daily timeframe. Now that price is breaking higher we can look for potential add in trades on the lower timeframes. We already hold a position on the daily timeframe from the initial bullish engulfing candle. We are expecting price to test the April highs around 0.6700.
In this video update, we take a look at EURUSD as price reacts from the key lows yet again. This is due to a sell-off in the USD as the USD index reacts from the weekly highs. This current price action suggests we could be forming a double bottom pattern. If the daily candle does close bullish look for short-term long positions into the trendline resistance.
In this video update, we take a look at USDCHF as we are anticipating the market to fall further. The CoT signal remains and we could see further buying of Swiss Francs. USDCHF has retraced to the 61.8 Fib and rejected. This could offer us a short opportunity to the key demand zone.
In this video update, we take a look at the USD INDEX in order to understand the current situation. We feel that the USD is holding up at the moment due to the risk-off sentiment in the market. Technically the price remains in a consolidation pattern and if we see price take out $97.00 we could expect a larger sell-off.
In this video update, we take a look at the USD Index as we may be seeing a false breakout of the key highs at 97.70. If price closes below this level at the end of the day we could see further downside to the USD.
In this video update, we take a look at the USD and how it could perform. With FOMC coming up we can expect the Federal Reserve to be dovish in their tone as recent data shows a fall in inflation. This will be something that the Fed will address in their statement, any talk of cutting rates could see the USD drop significantly however if they keep to a moderate...
In this video update, we take a look at NZDUSD as we posted a trading opportunity from the daily chart. We took this trade due to the market finding support at the yearly low. Typically the yearly highs and lows can offer support and resistance areas for the market react from. The NZD is benefitting off the current USD weakness and if the DXY pushes back towards...