• Weekly Technical Market Insight: 9th – 13th March 2020

    Weekly Technical Market Insight: 9th – 13th March 2020

    • March 8, 2020

    US Dollar Index: Over the course of last week, traders sold the dollar index en masse. as the US Federal Reserve cut its benchmark interest rate by 50 basis points, fearing the US economy may fall into a recession due to the coronavirus. Benchmark 10-year US Treasury yields hit all-time lows at 0.65%, while upbeat

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  • Weekly Technical Market Insight: 2nd – 6th March

    Weekly Technical Market Insight: 2nd – 6th March

    • March 1, 2020

    US Dollar Index: Battered and bruised, the US dollar index (DXY) wrapped up the week extending losses south of multi-year highs at 99.91, capped within long-term daily supply at 100.03/99.37. Overthrowing 99.00 and local daily trendline support (96.36) in the later stages of the week, the 200-day SMA, currently circulating around 97.83, is in the firing range

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  • Weekly Technical Market Insight: 24 th – 28 th February 2020

    Weekly Technical Market Insight: 24 th – 28 th February 2020

    • February 23, 2020

    US Dollar Index: The US dollar index (’DXY’), which measures the value of the US dollar relative to a basket of foreign currencies, firmed for a third successive week, gaining 0.18%. After eclipsing the 99.67 October 1 st high, the index clocked highs at 99.91, just south of the 100.00 handle which is enclosed within

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  • February 21st 2020: Printing its Third Successive Gain, Dollar Index Now Eyes 100.00.

    February 21st 2020: Printing its Third Successive Gain, Dollar Index Now Eyes 100.00.

    • February 21, 2020

    EUR/USD: Monthly timeframe: Outlook brought forward from previous analysis – Despite a healthy attempt at recovery from demand at 1.0488/1.0912 in October 2019 – a particularly noteworthy area given the momentum derived from its base – EUR/USD failed to sustain gains, and had the unit retesting its upper boundary last week. Price, however, as you

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  • Black and White Technical Report: The Week Beginning 17/02/2020

    Black and White Technical Report: The Week Beginning 17/02/2020

    • February 16, 2020

    XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.

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  • Weekly Technical Market Insight: 17th – 21st February 2020

    Weekly Technical Market Insight: 17th – 21st February 2020

    • February 15, 2020

    US Dollar Index: The US dollar index, or ‘DXY’, a measure of the value of the USD relative to a basket of foreign currencies, climbed nine out of ten days. After retesting the 200-day SMA (97.76) and a supply-turned demand zone at 97.35/97.85, the index retained a strong underlying bid, toppling a familiar supply area

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  • Black and White Technical Report: The Week Beginning 09/02/2020

    Black and White Technical Report: The Week Beginning 09/02/2020

    • February 9, 2020

    XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.

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  • How does a Pro trader trade?

    How does a Pro trader trade?

    • November 5, 2019

    There is no single formula for success in the financial markets. That is why each trader has their own trading approach. But what sets pro traders apart from everyone else? What gives them an edge in the markets? Here’s how pro traders trade. 1. They have a plan The professional trader has a detailed trading

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