Price is testing resistance where we could see a reversal below this level. Stochastic is showing signs of bearish pressure as well.
USDJPY testing resistance, potential reversal | 25 June 2020
Price is testing resistance where we could see a reversal below this level. Stochastic is showing signs of bearish pressure as well.
EURUSD making a pullback to trendline |25 June
EURUSD is making a pullback to trendline and could bounce from there. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this...
EURUSD making a pullback to trendline |25 June
EURUSD is making a pullback to trendline and could bounce from there. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this...
Macro Dragon: Gold = Antifragile?
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
Gold’s upside attempt being scuppered by silver
Precious metal updateWhat is our trading focus? XAUUSD - Spot gold XAGUSD - Spot silver XAUXAG - Gold-Silver ratio GLD:arcx - SPDR Gold Shares ETF GDX:arcx - VanEck Gold Miners ETF ____________________________________________________________________________________________________ Gold’s break to a fresh 8 year high has been missing one key ingredient for it to proper...
USDOLLAR Rallies In Longer-Term Downtrend
The above charts show FXCM's USD index - the USDOLLAR. The left chart shows the daily time frame. It is evident that the current trend remains down, until proven otherwise. 1. Price is below the cloud. 2. The cloud remains light pink in colour. 3. Price is below the black...
Crude oil headwinds on virus and technicals
Crude oil update with focus on renewed virus threat and EIA's weekly inventory reportWhat is our trading focus? OILUKAUG20 – Brent Crude Oil (August) OILUSAUG20 – WTI Crude Oil (August) XOP:arcx – Oil & Gas Exploration & Production XLE:arcx – Energy Select Sector SPDR Fund (Large-cap US energy stocks) ____________________________________________________________________________________________________...
Liquidity driven narrative remains intact but Gold knows there is no V-shaped recovery
Stocks trade mixed in Asia following a positive overnight lead with the Nasdaq 100 hitting a fresh record high. This as US indices closed off the highs of session following a continued rise in COVID-19 cases with hospitalisations also continuing to pick up largely in Southern States. COVID-19 patients in...
FX Update: NZD knocked lower by RBNZ. JPY surge fizzles
The RBNZ made it clear it will move against any further NZD strength in its latest statement, which knocked the NZD sharply lower overnight. Elsewhere, the USD rises and falls continue to slavishly inversely track developments in risk appetite while an unusual JPY surge yesterday has so far failed to...