Page 28 – Forex

Sellers are making a play in the USDCHF. Can they keep the momentum going?

THe USDCHF felll sharply after yesterday’s US CPI and in the process fell below its 200 hour moving average (green line on the chart below …

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January 16, 2025

Technical Analysis

Crude oil settled at $78.68

January 16, 2025

Crude oil is settling the day at $78.68 on the day. That is down $-1.36 or -1.70%. Looking at the daily chart, the low price …

Central Banks

Fed’s Goolsbee: Has grown less concerned about labor market slowdown

January 16, 2025

Says that over the last several months become more comfortable that this is a stabilization of the job market at a full-employment-like level, as opposed …

Central Banks

BOC Granvelle:A Trump tariff on exports would have big negative impact on economic growth

January 16, 2025

BOC Deputy Gov. Gravelle is speaking and says: A Trump tariff on exports would have a big negative impact on economic growth. There would likely …

Technical Analysis

AUDUSD buyers base the pair a swing area today, but the double-top this week looms

January 16, 2025

The AUDUSD started the day today testing the high from yesterday at 0.6257 and finding willing selllers. The double-top increases the levels importance today and …

Central Banks

Atlanta Fed GDP now Growth estimate for Q4 rises to 3% from 2.7% last

January 16, 2025

The Atlanta Fed GDPNow growth estimate for Q4 increases to 3.0% from 2.7% in its last report. In their own words: The GDPNow model estimate …

Central Banks

Gravelle: BOC expects to announce end of quantitative tightening in 1H of 2025

January 16, 2025

BOC expects to announce and of quantitative tightening in first half of 2025 we will need to restart our normal course of asset purchases gradually …

Technical Analysis

USDCAD continues its ups and downs. Today is an up day

January 16, 2025

The USDCAD moved lower again yesterday but when the price tested a swing area between 1.42969 and 1.4304, sellers turned the buyers once again and …

Central Banks

Fed Waller: December inflation data was very good

January 16, 2025

December inflation data was very good looking at 12 month indicators it does not look like we’ve made a lot of progress on inflation if …

Technical Analysis

TradeCompass for Nasdaq Futures, Jan 16 2025, 1 minute before the open

January 16, 2025

TradeCompass for Nasdaq Futures (NQ, March 2025 Contract) – January 16, 2025 Current Context: Current Price: 21,4492 (1 minute before the market opens). Activation Level: …

Technical Analysis

Kickstart the FX trading day for Jan 16 w/ a technical look at EURUSD, USDJPY & GBPUSD

January 16, 2025

The retail sales control group (feeds into GDP) and Philly Fed Manufacturing index were stronger than expected and that helped to push the EURUSD and …