Analysis & Opinion
Is the Massive US Dollar Long Trade Ready to Unwind?
20.09.2024
Is the Massive US Dollar Long Trade Ready to Unwind?
Is there a massive US Dollar long accumulating and will it unwind? The Idea It was 8/27/2024 when Kit Juckes…
EUR/USD: Euro Rises After ECB Cuts Interest Rates
20.09.2024
EUR/USD: Euro Rises After ECB Cuts Interest Rates
The euro has extended its gains on Friday. EUR/USD is trading at 1.1091 in the European session at the time…
USD/CAD Flirts With 200-Day SMA Again
19.09.2024
USD/CAD Flirts With 200-Day SMA Again
USD/CAD remains below 1.3600 MACD and RSI indicate upside recovery USD/CAD is moving back and forth of the 200-day simple…
AUD/USD: Australian Dollar Edges Higher as Inflation Expectations Eases
19.09.2024
AUD/USD: Australian Dollar Edges Higher as Inflation Expectations Eases
The Australian dollar has posted slight gains on Thursday. In the European session, AUD/USD is up 0.16%, trading at 0.6684…
GBP/AUD – 5th Wave in Progress
19.09.2024
GBP/AUD – 5th Wave in Progress
Bearish: Forex Strategies: Currently we are at 1.9528 in a channel and just starting a fractal 5th wave. We are…
EUR/USD: Watch Price Action at 1.10 Key Level for Clues on Post-ECB Direction
19.09.2024
EUR/USD: Watch Price Action at 1.10 Key Level for Clues on Post-ECB Direction
EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations.…
NZD/USD Under Pressure, Correction Could Extend Further
18.09.2024
NZD/USD Under Pressure, Correction Could Extend Further
NZD/USD is attempting to recover from yesterday’s decline on Thursday and is heading towards 0.6148. The pair came under downward…
EUR/USD: Euro Flat Ahead of ECB Decision
18.09.2024
EUR/USD: Euro Flat Ahead of ECB Decision
The euro continues to show limited movement and is almost unchanged on Thursday. EUR/USD is trading at 1.1010 in the…
GBP/NZD Ready to Break Above Top
17.09.2024
GBP/NZD Ready to Break Above Top
GBP/NZD is at 2.1329 in a channel. If we break this resistance, we are looking for a continuation to the…
EUR/USD Seems to Have Found a Floor Above 1.1000
17.09.2024
EUR/USD Seems to Have Found a Floor Above 1.1000
EUR/USD is higher again today Momentum indicators confirm an upside recovery EUR/USD found some grounding around the 1.1015 support level…