Analysis & Opinion

Is the Massive US Dollar Long Trade Ready to Unwind?

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

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

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

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

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

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

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

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

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

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…
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