Technical Analysis Nasdaq falls sharply this week & falls below 200 day MA, but there is still some hope. The NASDAQ index is up 127 points or 1.0% at 12721.65, but this week saw a sharp move lower that took the price below its …
Technical Analysis USDJPY sellers making a play. What does that mean? Where are the risks? Find out here. Posted onOctober 27, 2023 The USDJPY sellers are making a play today with the break below the 150.00 level. Not only was the level a key natural level, but …
Forecasts British Pound (GBP/USD) Weakens Further Ahead of BoE Decision Posted onOctober 27, 2023 The Bank of England is expected to leave interest rates unchanged next week and this will not help Sterling as it drifts towards 1.2000 against …
Central Banks BOJ likely to raise CPI forecast to 2% range – report Posted onOctober 27, 2023 Nikkei is out with a Bank of Japan scoop ahead of Tuesday’s meeting and decision. The Bank of Japan is likely to raise its consumer …
Technical Analysis NZDUSD failed on a break below a key trend line this wk. Does it open a door for buyers? Posted onOctober 27, 2023 NZDUSD sellers failed on a break below a key trend line on the daily chart this week. Does that failed break open a door for …
Sentiment USD/CAD IG Client Sentiment: Our data shows traders are now at their least net-long USD/CAD since Mar 12 when USD/CAD traded near 1.38. Posted onOctober 27, 2023 Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading …
Technical Analysis The USDCAD moved to a real good target level. It’s so important you want to know about it. Posted onOctober 27, 2023 The USDCAD has moved up to test a real good target level. It is so important you probably want to know about it whether you …
Technical Analysis The Russell 2000 is on the verge of a breakdown Posted onOctober 27, 2023 The Russell 2000 is poised for the lowest weekly close since November 2020. It’s fallen in four straight weeks and seven of the past eight. …
Cryptocurrency Sam Bankman-Fried takes the stand Posted onOctober 27, 2023 Sam Bankman-Fried is testifying today. We got a preview of what he will say yesterday in a hearing with the judge but the jury excluded. …
Technical Analysis It’s time to get on my soapbox, educate and tell the technical story of the USDCHF Posted onOctober 27, 2023 The USDCHF this week progressed through a series of steps technically, that played like a symphonic orchestra. In this video, I get on my soapbox, …
Technical Analysis Kickstart your FX trading for October 27 with technical look at EURUSD, USDJPY and GBPUSD Posted onOctober 27, 2023 In this morning video on October 27, 2023, I kickstart the Forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What …