by the admin | Oct 7, 2021 | Articles, Forex, S&P 500 - SPY, Stocks, USD
tomorrow brings NFP and markets are pretty coiled up for it. The risk trade is in focus and this can of course push a number of other markets along with it. On the lucky side, VIX slid back below 20 today so premium isn’t as expensive. Straddles can look more...
by the admin | Sep 12, 2021 | AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, Forex, GBP/JPY, GBP/USD, USD, USD/CAD, USD/JPY
It was a big turnaround type of week last week, and for next week the big question is whether that can remain. Forex markets remain in focus ahead of the September FOMC rate decision. We’ll be going into the Fed’s blackout window soon ahead of the...
by the admin | Sep 12, 2021 | Articles, AUD/USD, Forex
Last week was a reversal type of outing for AUD/USD, and next week may carry some more as the pair began to budge below the psychological level at .7375. Combine this with a bearish stoch signal and the door appears open for downside in the pair next week. Of...
by the admin | Sep 11, 2021 | Articles, AUD/USD, Forex
As looked at in the article on Psychological Levels, AUD/USD has had a particularly impactful. Just since March of last year: The .5500 level caught the 2020 and what’s currently the 18 year low in the currency pair. The .8000 level currently marks the...
by the admin | Sep 10, 2021 | Articles, Education, Forex
As an American coming into the FX market was a weird thing. At the time, stocks weren’t stonks and didn’t always go up. The FX market was unregulated and there was crazy amounts of leverage available, meaning the industry brought out all kinds of unsavory...
by the admin | Sep 9, 2021 | Articles, Education, Forex
We’re social creatures, we just can’t help but notice what each other is doing. Even those that say that they don’t care about what others think; ya, well that’s a carefully crafted statement designed just to engineer what you think about the...
by the admin | Sep 9, 2021 | Articles, EUR/JPY, Forex
EUR/USD is still holding above support after this morning’s ECB rate decision, still in profit from yesterday’s Euro setups. EUR/JPY has started to look a lot more clean, too, continuing the bearish engulf setup that was looked at yesterday. Bearish...
by the admin | Sep 9, 2021 | Articles, EUR/JPY, EUR/USD, Forex
Working through early part of ECB and so far we’re 2 of 2 from the setups looked at yesterday. EUR/USD is bouncing up from support at prior resistance, and EUR/JPY is falling through breakout support. EUR/USD Hourly EUR/JPY Tests Through Support After Bearish...
by the admin | Sep 9, 2021 | Articles, Forex, GBP/JPY
GBP/JPY descending triangle formation, breakdown potential. Short positions can target 151.30, 151.00 and then 150.45. Optional is to look for big picture breakdown to and through 150.00
by the admin | Sep 8, 2021 | Articles, EUR/JPY, EUR/USD, Forex
Tomorrow brings Lagarde and the ECB and about the only known thing here is that we’re going to hear about climate change. EUR/USD has had a harsh three-day correction after having run into resistance at 1.1900 last week. That’s now a double top and if...
by the admin | Sep 8, 2021 | Articles, Forex, USD
USD trend is up and support now based at 92.61. Look for the USD to run higher going into tomorrow’s ECB rate decision
by the admin | Sep 8, 2021 | EUR/USD, Forex, USD
Tomorrow brings ECB, EUR/USD rally pulling back in anticipation. At this point, support should be bought, looking for the ECB to fail in doving it up tomorrow.
by the admin | Sep 8, 2021 | Forex, USD
USD sold off for three weeks until finally finding support at 92 on DXY. Now catching a bounce ahead of Thursday ECB rate decision.
