admin – Page 117

The USDCAD is consolidating with a key swing area target putting a lid on the pair

September 26, 2024

In the post yesterday on the USDCAD, I spoke of support on the daily chart going all the way back to February 2024 and March …

Technical Analysis

The GBPUSD held support at the 100 hour MA today and is trading to a new high

September 26, 2024

In the Kickstart video from earlier this morning, I highlighted the 1.3348 as the key barometer on the downside for the GBPUSD today. Move below …

Central Banks

Kansas City Fed manufacturing index for September -18 versus +6 last month

September 26, 2024

Prior month +6 KC Fed manufacturing index -18 versus +/month Composite index is -8 versus -3 last month The manufacturing index is at its lowest …

Central Banks

Fed’s Cook: Optimistic AI can boost productivity

September 26, 2024

Fed’s Lisa Cook is speaking and says: Optimistic AI can boost productivity AI has potential for negative employment impacts Does not address monetary policy or …

Central Banks

Bowman: Discount window is for emergencies

September 26, 2024

These comments don’t touch on monetary policy. There are downside risks to discount window You do need to be signed up for it and you …

Technical Analysis

Kickstart the FX trading day for Sept 26 w/a technical look at the EURUSD, USDJPY & GBPUSD

September 26, 2024

In the kickstart video for September 26, I take a look at 3 major currency pairs – the EURUSD, USDJPY and GBPUSD. For the EURUSD, …

Technical Analysis

USDCHF Technical Analysis – The SNB decision fails to weaken the CHF

September 26, 2024

Fundamental Overview The US Dollar came under renewed pressure recently following the surprisingly weak US consumer confidence report on Tuesday. The labour market data in …

Technical Analysis

Russell 2000 Technical Analysis – Key level to break before the all-time high

September 26, 2024

Russell 2000 Technical Analysis – Daily Timeframe On the daily chart, we can see that the Russell 2000 got rejected from the cycle highs and …

Technical Analysis

Nasdaq Technical Analysis – Better global growth expectations lead to new highs

September 26, 2024

Fundamental Overview The Nasdaq has been on a sustained rally ever since the last FOMC decision with the market continuing to price in a back-to-back …