• April 27th 2021: DXY Indecisive South of 91.00; Limited Technical Support Until 90.00

    April 27th 2021: DXY Indecisive South of 91.00; Limited Technical Support Until 90.00

    • April 26, 2021

    Chart Source: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement slide, demand at 1.1857-1.1352 made an entrance and has sparked a bullish revival in April, up 3.1 percent MTD. Erasing March losses, recent upside throws light on the

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  • Weekly Technical Market Insight: 26th – 30th April 2021

    Weekly Technical Market Insight: 26th – 30th April 2021

    • April 25, 2021

    Chart Source: Trading View US Dollar Index (Daily Timeframe): Shedding 0.9 percent, and delivering a third successive weekly loss, the US dollar, according to the US dollar index (ticker: DXY), continues to reflect a bearish climate. 91.00 support, as you can see, made an entrance early week, though came under fire after price failed to

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  • April 23rd 2021: Dollar Higher Against Major Currencies; Dollar Index Firm North of 91.00

    April 23rd 2021: Dollar Higher Against Major Currencies; Dollar Index Firm North of 91.00

    • April 22, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following the three-month retracement slide, demand at 1.1857-1.1352 sparked a bullish revival in April, up 2.3 percent MTD. The possibility of fresh 2021 peaks is on the table, followed by a test of

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  • April 22nd 2021: Dollar Rebound Interrupted Following Hawkish BoC.

    April 22nd 2021: Dollar Rebound Interrupted Following Hawkish BoC.

    • April 21, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following the three-month retracement slide, demand at 1.1857-1.1352 sparked a bullish revival in April, up 2.6 percent MTD. The possibility of fresh 2021 peaks is on the table, followed by a test of

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  • April 21st 2021: Dollar Index Firms off 91.00; EUR/USD Poised to Test $1.20

    April 21st 2021: Dollar Index Firms off 91.00; EUR/USD Poised to Test $1.20

    • April 20, 2021

    Chart Source: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following the three-month retracement slide, demand at 1.1857-1.1352 sparked a bullish revival in April, up 2.5 percent MTD. The possibility of fresh 2021 peaks is on the table, followed by a test

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  • April 20th 2021: Dollar Extends Losses to Six-Week Lows; Sterling Within Touching Distance of $1.40

    April 20th 2021: Dollar Extends Losses to Six-Week Lows; Sterling Within Touching Distance of $1.40

    • April 19, 2021

    Chart Source: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following the three-month retracement slide, demand at 1.1857-1.1352 sparked a bullish revival in April, up 2.6 percent MTD. The possibility of fresh 2021 peaks is on the table, followed by a test

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  • Weekly Technical Market Insight: 19th – 23rd April 2021

    Weekly Technical Market Insight: 19th – 23rd April 2021

    • April 18, 2021

    Charts provided by Trading View US Dollar Index (Daily Timeframe): According to the US dollar index, the greenback extended the recent retracement slide by 0.7 percent last week and concluded a touch off session lows. Technical movement observed an early-week retest at the lower side of the 200-day simple moving average, currently circling 92.21. This

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  • April 16th 2021: DXY Indecisive Amid Upbeat US Retail Sales and Declining US Treasury Yields

    April 16th 2021: DXY Indecisive Amid Upbeat US Retail Sales and Declining US Treasury Yields

    • April 15, 2021

    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) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857-1.1352.

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  • April 15th 2021: 91.60 Daily Support Makes an Entrance on the US Dollar Index

    April 15th 2021: 91.60 Daily Support Makes an Entrance on the US Dollar Index

    • April 14, 2021

    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) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857-1.1352.

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  • April 14th 2021: Dollar Index Extends Bearish Presence South of 200-Day SMA Following Inflation Data

    April 14th 2021: Dollar Index Extends Bearish Presence South of 200-Day SMA Following Inflation Data

    • April 13, 2021

    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) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.

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  • April 13th 2021: Technical Outlook and Review

    April 13th 2021: Technical Outlook and Review

    • April 12, 2021

    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) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.

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  • Weekly Technical Market Insight: 12th – 16th April 2021

    Weekly Technical Market Insight: 12th – 16th April 2021

    • April 10, 2021

    Charts provided by Trading View US Dollar Index (Daily Timeframe): The US dollar, as measured by the US dollar index (ticker: DXY), shed nearly 1 percent last week and snapped a three-week bullish phase. Technically speaking, the highlight of the week was the index journeying back under the 200-day simple moving average at 92.33, movement

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