• November 6th 2020: Risk-On Trade Weighs on USD

    November 6th 2020: Risk-On Trade Weighs on USD

    • November 6, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, although this argues additional upside may be on the

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  • November 5th 2020: Election Uncertainty Throws Financial Markets into Indecision

    November 5th 2020: Election Uncertainty Throws Financial Markets into Indecision

    • November 5, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, although this argues additional upside may be on the

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  • November 4th 2020: Technical Position Ahead of US Elections

    November 4th 2020: Technical Position Ahead of US Elections

    • November 3, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, although this argues additional upside may be on the

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  • November 3rd 2020: Greenback Holding 94.00 Ahead of US Elections

    November 3rd 2020: Greenback Holding 94.00 Ahead of US Elections

    • November 3, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, although this argues additional upside may be on the

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  • October 30th 2020: DXY Probes 94.00 – Lifted on Risk Aversion

    October 30th 2020: DXY Probes 94.00 – Lifted on Risk Aversion

    • October 29, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, this argues additional upside may be on the horizon,

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  • October 29th 2020: Soured Risk Sentiment Propels DXY Beyond Daily Trendline Resistance

    October 29th 2020: Soured Risk Sentiment Propels DXY Beyond Daily Trendline Resistance

    • October 29, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, this argues additional upside may be on the horizon,

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  • October 28th 2020: DXY Testing Lower Edge of Daily H&S Neckline

    October 28th 2020: DXY Testing Lower Edge of Daily H&S Neckline

    • October 28, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, this argues additional upside may be on the horizon,

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  • October 27th 2020: Risk Sentiment Tumbles Amid Concerns Over Rising Coronavirus Cases

    October 27th 2020: Risk Sentiment Tumbles Amid Concerns Over Rising Coronavirus Cases

    • October 26, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since been squaring off around the upper section of supply from 1.1857/1.1352. Technically, this argues additional upside may be on the horizon,

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  • October 23rd 2020: DXY Snaps Four-Day Losing Streak Ahead of Daily Support at 92.26

    October 23rd 2020: DXY Snaps Four-Day Losing Streak Ahead of Daily Support at 92.26

    • October 22, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Before seeking

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  • October 22nd 2020: UK/EU Agree to Resume Trade Talks, Boosting GBP

    October 22nd 2020: UK/EU Agree to Resume Trade Talks, Boosting GBP

    • October 21, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Before seeking

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  • October 21st 2020: DXY Daily Trendline Resistance (102.99) Caps Upside

    October 21st 2020: DXY Daily Trendline Resistance (102.99) Caps Upside

    • October 20, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Before seeking

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  • October 16th 2020: DXY Engulfs 93.50 – Bid Amid Risk Aversion

    October 16th 2020: DXY Engulfs 93.50 – Bid Amid Risk Aversion

    • October 15, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Despite this,

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