• Weekly Technical Market Insight: 8th – 12th March 2021

    Weekly Technical Market Insight: 8th – 12th March 2021

    • March 6, 2021

    Note—Charts provided by Trading View US Dollar Index (Daily Timeframe): The US dollar continued to flex its financial muscle last week, adding 1.2 percent into the close. Following the arrangement of a mid-week trough around 90.63, the second half of the week observed a breach of the 91.60 Feb 5 high and a subsequent test

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  • March 5th 2021: US T Yields Spike Following Powell’s Comments; USD Cements Position North of 91.00

    March 5th 2021: US T Yields Spike Following Powell’s Comments; USD Cements Position North of 91.00

    • March 4, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, eked out marginal losses (0.5 percent), ranging between 1.2243 and 1.1952. Upriver, technical action suggests March could reach for ascending resistance (prior support – 1.1641), while

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  • March 4th 2021: Dollar Modestly Higher; Japanese Yen Touches Seven-Month Lows

    March 4th 2021: Dollar Modestly Higher; Japanese Yen Touches Seven-Month Lows

    • March 3, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, eked out marginal losses (0.5 percent), ranging between 1.2243 and 1.1952. Upriver, technical action suggests March could reach for ascending resistance (prior support – 1.1641), while

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  • March 3rd 2021: Risk Currencies Gain; DXY Caps Gains Around 91.00

    March 3rd 2021: Risk Currencies Gain; DXY Caps Gains Around 91.00

    • March 2, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, eked out marginal losses (0.5 percent), ranging between 1.2243 and 1.1952. Upriver, technical action suggests March could reach for ascending resistance (prior support – 1.1641), while

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  • March 2nd 2021: DXY Clocks 3-Week High and Tackles 91.00

    March 2nd 2021: DXY Clocks 3-Week High and Tackles 91.00

    • March 1, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, eked out marginal losses (0.5 percent), ranging between 1.2243 and 1.1952. Upriver, technical action suggests March could reach for ascending resistance (prior support – 1.1641), while

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  • Weekly Technical Market Insight: 1st – 5th March 2021

    Weekly Technical Market Insight: 1st – 5th March 2021

    • February 27, 2021

    Note—Charts provided by Trading View US Dollar Index (Daily Timeframe): Measured by the US dollar index, the greenback fashioned a firm recovery last week, adding 0.6 percent and snapping a two-week bearish phase. Leaving support at 89.34 unchallenged, USD bulls are likely taking aim at February 17 peak around 91.05, with subsequent outperformance to perhaps

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  • February 26th 2021: Dollar Index Recovers amidst US Treasury Yield Surge

    February 26th 2021: Dollar Index Recovers amidst US Treasury Yield Surge

    • February 25, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, remains considerably off worst levels and recently entered positive territory, trading 0.4 percent higher. Closing the month out at current prices, in the form of a

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  • February 25th 2021: DXY Off Best Levels Alongside US Treasury Yields

    February 25th 2021: DXY Off Best Levels Alongside US Treasury Yields

    • February 24, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, remains considerably off worst levels and recently entered positive territory, trading 0.2 percent higher. Closing the month out at current prices, in the form of a

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  • February 24th 2021: Dollar Stabilises After Powell to End Mostly Unchanged; Pound Clocks Three-Year High

    February 24th 2021: Dollar Stabilises After Powell to End Mostly Unchanged; Pound Clocks Three-Year High

    • February 23, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, remains considerably off worst levels and recently entered positive territory, trading 0.1 percent higher. Closing the month out at current prices, in the form of a

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  • February 23rd 2021: Dollar Remains on the Ropes, Clocking Multi-Year Lows Against GBP and AUD

    February 23rd 2021: Dollar Remains on the Ropes, Clocking Multi-Year Lows Against GBP and AUD

    • February 22, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, remains considerably off worst levels and recently entered positive territory, trading 0.2 percent higher. Closing the month out at current prices, in the form of a

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  • Weekly Technical Market Insight: 22nd – 26th February 2021

    Weekly Technical Market Insight: 22nd – 26th February 2021

    • February 20, 2021

    Note—Charts provided by Trading View US Dollar Index (Daily Timeframe): The US dollar, as measured by the US dollar index, settled last week mostly unmoved, establishing what many technical analysts refer to as an indecision candle (albeit with a slight edge to sellers). Since early February, sellers claimed the 127.2% Fib projection at 91.44 and

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  • February 19th 2021: Sterling Clocks Fresh 2021 Peaks Amid Dollar Losses

    February 19th 2021: Sterling Clocks Fresh 2021 Peaks Amid Dollar Losses

    • February 18, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) February, as you can see, remains off session lows, though currently trades 0.4 percent lower. Downstream, 1.1857/1.1352 represents demand, while northbound shines light on ascending resistance (prior support – 1.1641). In

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