Dollar Index Outlook – Ahead Of NFP-20200605

AUD/NZD Short Trade Idea – Long Term

EUR/USD - Daily Levels 02/06/2020

June 2nd

CAD/JPY - Long Trade Idea

June 1st

EUR/USD - Breakdown for the week ahead

May 29th

EUR/USD - Short Trade Idea

May 27th

GBP/USD – Short Trade Idea. Price Action Defying Fundamentals

1-Hour Chart – GBP/USD 26/05/2020 18:30pm Essential Insights GBP/USD rallied sharply towards the upside on USD weakness Fundamentals still weight heavy on pricesMarket may be overly optimistic on reopening of economies Technical Prices rallied over 100 pips to 1.23600 before retreating. This move comes as the dollar index fell sharply…
May 26th

USD/CAD – Short Term Bullish But Fall Imminent ?

4 Hour Chart – USD/CAD 22/05/2020 00:50am Essential Insights Crude Oil gains but Cad left behindCanada’s terms of trade have improved USD gains proving a difficult barrier for lower exchange rates Technical USD/CAD has rejected from a a key daily support zone at around 1.38760. Previously , rejections from this…
May 22nd

GBP/USD – 21 May 2020 Update

45 Minute Chart – GBP/USD 21/05/2020 19:30pm Essential Insights GBP has remained relatively unchanged after briefly crossing below the 1.22 level Bearish pressure remains despite better than expected UK data Technical Price action over the last few days suggests that the pound is set to remain under the 1.23 mark…
May 21st

A must watch level on EUR/USD

Increased Risk Appetite, US-China Tensions Increasing, Euro Underpinned By Stronger Dollar
May 21st

EUR/USD – A level to must watch

4 Hour Chart – EUR/USD 21/05/2020 14:00pm Essential Insights Increased Risk Appetite US-China Tensions IncreasingEuro Underpinned By Stronger Dollar Technical EUR/USD is at a major technical decision zone, at around 1.09870. Prior price action shows a fall below this level, tends to see this pair moving down to around 1.08150.…
May 21st

GBP/USD – Long Trade Idea

2 Hour Chart – GBP/USD 19/05/2020 18:00pm Technical GBP/USD is currently resting on a critical daily support at around 1.22380. Prices are currently rejecting from this area, potentially signifying a bullishing push to come. However, even though prices are sustaining themselves above the weekly support, it is struggling to break…
May 19th

NZD/JPY – Long Trade Idea

Recent price action shows a small falling wedge forming on the lower timeframe. A break above this wedge could see the upper trendline resistance of the channel being met shortly after.
May 18th

USDJPY – 15 May 2020 Update

4 Hour Chart – USD/JPY 15/05/2020 10:50am Essential Insights USD/JPY is experiencing difficulties breaking and sustaining price above the 107 level.US initial jobless claims declined from 3176k to 2981k, but still disappoint.US Retail Sales are estimated to have dropped 10% in April. Technical USD/JPY is struggling to maintain prices above…
May 15th

USD/JPY Update 13 May 2020

- Falling Yield Capping Upside Gains. - USD/JPY struggling to hold 107 handles. - Mixed themes impacting the greenback.
May 13th

EUR/USD – Euro existence under threat?

EUR/USD is currently trading in a channel range. Reduced bets on Euro advancement. European Leaders are struggling to form unity.
May 13th

GBP/USD – Under Pressure, Trade idea

GBP/USD fell towards the monthly supported as suggested in the previous report (11th May, 2020). UK and EU Brexit tension weight on Sterling strength. Boris Johnson's speech on getting businesses moving has drawn confusion from many.
May 13th

USD/JPY – Upside Potential on Falling Yields?

USD/JPY has rejected sharply from its long-term bearish channel. US Treasury Yields at historical lows. Dollar Index risen to test important 100.00 level.
May 11th