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NASDAQ index soaring and on pace for a new record close

October 25, 2024

The NASDAQ index is soaring as yields back off. Durable goods were better than expected with ex Boeing numbers showing strength. The Michigan consumer sentiment …

Technical Analysis

USDCHF continues to consolidate near highs. 200 hour MA in play now at 0.8651

October 25, 2024

The USDCHF continues to consolidate near highs in up and down trading: Key resistance: There is he resistance at the 100 day moving average at …

Central Banks

The Fed blackout starts at midnight with the Nov FOMC essentially settled

October 25, 2024

The Federal Reserve blackout starts at midnight ET but it looks like it will begin about 12 hours before that with a light calendar of …

Technical Analysis

Kickstart the FX trading day for Oct 25 w/ a technical look at the EURUSD, USDJPY & GBPUSD

October 25, 2024

In the kickstart video, I take a technical look at the three major currency pairs – the EURUSD , USDJPY and GBPUSD. EURUSD: Key Levels: …

Central Banks

ECB’s Lagarde: Disinflation process is well on track

October 25, 2024

Lagarde has been all over the media this week and the message from all ECB members this week is that disinflation is unfolding more quickly …

Technical Analysis

The key technical levels in play for the major currency pairs for October 25

October 25, 2024

TGIF. The USD is mixed in early US trading as the market prepares for US durable goods data at 8:30 AM ET (est -1.0% with …

Technical Analysis

AUDUSD Technical Analysis – We are at a key support level

October 25, 2024

Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This week was pretty empty on …

Technical Analysis

USDCAD Technical Analysis – Some struggle to break above the key resistance

October 25, 2024

Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This week was pretty empty on …

Technical Analysis

EURUSD Technical Analysis – Is this just a pullback or a reversal?

October 25, 2024

Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This week was pretty empty on …

Technical Analysis

USDJPY Technical Analysis – Key levels in play

October 25, 2024

Fundamental Overview It looks like the market is taking some breather after an incredible rally in the USDJPY pair. This week was pretty empty on …

Central Banks

ECB’s Kazaks says doesn’t see a case for rates to fall below neutral

October 25, 2024

No need for the ECB to contemplate such a scenario That would require weaker baseline and substantial undershooting of inflation target I guess we know …