Recent Posts

[VIDEO] Currency point: Central Banks are at it again
- June 20, 2020
ECB MEETINGS OF 2020 SHOULD REALLY BE CALLED ECB ‘STRATEGY REVIEWS’.
Newly minted Chair Christine Lagarde clearly wanted to give herself ‘room’ having ordered a review to consider all aspects of its mandates, targets specifically inflation, performance, operational tools, communication and policy setting, plus others. It clearly leaves the ECB in a holding pattern, but that holding pattern means its highly unconventional policies setting won’t change until the Strategy Review is complete.
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Weekly Technical Market Insight: 22nd – 26th June 2020
- June 20, 2020
US Dollar Index: The rebound from daily support at 95.84 and recent completion of a daily AB=CD pattern at 96.16, regarded as a basic bullish configuration among harmonic traders, witnessed additional recovery gains last week. Finishing the week +0.6%, the US dollar index, or DXY, could experience a further surge in demand this week until
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Global Fundamental Analysis 19/06/2020
- June 18, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 19th 2020: Dollar Strength Weighs on Major Counterparts as DXY Records Third Consecutive Advance
- June 18, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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Global Fundamental Analysis 17/06/2020
- June 18, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 18th 2020: EUR/USD Echoing Bearish Tone as DXY Holds Above 97.00
- June 17, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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June 17th 2020: DXY Resurgence Reclaims 97.00 Consequently Throwing 98.00 in Sight
- June 16, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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Global Fundamental Analysis 16/06/2020
- June 16, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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Global Fundamental Analysis 15/06/2020
- June 16, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 16th 2020: US Dollar Index Snaps 2-Day Winning Streak and Trades Sub 97.00
- June 15, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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[VIDEO] Currency point: The caveat that is the second wave
- June 14, 2020
ECB MEETINGS OF 2020 SHOULD REALLY BE CALLED ECB ‘STRATEGY REVIEWS’.
Newly minted Chair Christine Lagarde clearly wanted to give herself ‘room’ having ordered a review to consider all aspects of its mandates, targets specifically inflation, performance, operational tools, communication and policy setting, plus others. It clearly leaves the ECB in a holding pattern, but that holding pattern means its highly unconventional policies setting won’t change until the Strategy Review is complete.
READ MORE
Black and White Technical Report: The Week Beginning 15/06/2020
- June 14, 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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