• Technical View for June 8th 2022: USD/JPY Eyes ¥133.45

    Technical View for June 8th 2022: USD/JPY Eyes ¥133.45

    • June 7, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Although finishing the session muted, EUR/USD displayed interesting price action on Tuesday. A meaningful ‘stop-run’ formed beneath $1.07 and shook hands with neighbouring H1 support between $1.0650 and $1.0671 (composed of 1.618% and 1.272% Fibonacci projections). Current movement is attempting to reclaim $1.07+ status, a move that could

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  • Technical View for June 7th 2022: Gold Threatening to Nudge Beneath 200-Day SMA

    Technical View for June 7th 2022: Gold Threatening to Nudge Beneath 200-Day SMA

    • June 6, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s shared currency remains rooted within a primary bear trend (weekly scale), in addition to price shaking hands with the lower side of a heavy-duty weekly Quasimodo support-turned resistance at $1.0778. 2nd January low at $1.0340 (2017) appears a reasonable downside objective should sellers take the wheel. While

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  • Black and White Technical Report

    Black and White Technical Report

    • June 5, 2022

    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: Week Ending 10th June 2022

    Weekly Technical Market Insight: Week Ending 10th June 2022

    • June 4, 2022

    Charts: Trading View (Italics: Previous Analysis) U.S. Dollar Index (Daily Timeframe): Snapping a decisive two-week decline, dollar bulls surfaced last week and added 0.5 per cent. The 50-day simple moving average—circling 101.65—served as dynamic support in recent trading, with resistance demanding attention at 102.95. Space south of the current SMA brings light to resistance-turned support

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  • Technical View Ahead of US Employment

    Technical View Ahead of US Employment

    • June 2, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s single currency staged an impressive rebound against its US counterpart on Thursday. US equities also rose, with the US Dollar Index (USDX) exploring lower territory, consequently underpinning the EUR/USD (0.9 per cent). Technically, we’re at an interesting juncture on the higher timeframes. In a market decisively trending

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  • Technical View for June 2nd 2022: Dollar Index Remains Upbeat; Eyes Daily Resistance at 102.95

    Technical View for June 2nd 2022: Dollar Index Remains Upbeat; Eyes Daily Resistance at 102.95

    • June 1, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: The US Dollar Index (USDX) extended recovery gains Wednesday, underpinned on rising US Treasury yields and upbeat US economic data. EUR/USD consequently spun lower and erased 0.8 per cent. Wednesday’s technical briefing noted the following in regards to weekly trend and structure: Technically, sellers making a show should

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  • Technical View for June 1st 2022: AUD/USD Eyes Stop-Run Above $0.72

    Technical View for June 1st 2022: AUD/USD Eyes Stop-Run Above $0.72

    • May 31, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Despite hotter-than expected annual eurozone inflation, EUR/USD rotated southbound on Tuesday as higher US Treasury yields boosted the greenback’s appeal alongside safe-haven demand. Technically, sellers making a show should not surprise. In a market decisively trending lower since 2021, weekly Quasimodo support-turned resistance at $1.0778 was tested, a

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  • Technical View for May 31st 2022: EUR/USD Tests Weekly Resistance as the USDX Eyes Support

    Technical View for May 31st 2022: EUR/USD Tests Weekly Resistance as the USDX Eyes Support

    • May 30, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s single currency wrapped up higher against its US counterpart on Monday, adding 0.4 per cent by the close of European trading. In what was a somewhat quiet session—US banks closed in observance of Memorial Day—price action on the weekly timeframe, however, shook hands with Quasimodo support-turned resistance

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  • Black and White Technical Report

    Black and White Technical Report

    • May 29, 2022

    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: Week Ending 3rd June 2022

    Weekly Technical Market Insight: Week Ending 3rd June 2022

    • May 28, 2022

    Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Extending the prior week’s retracement, the US dollar, by way of the US Dollar Index (USDX), finished another week in the red, erasing 1.4 per cent. Month to date, the buck is 1.5 per cent lower. Recent technical studies, as you can see, unmasks

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  • May 27th 2022: Technical View—BTC/USD Emphasising Weakness and EUR/USD Eyeing Higher Levels

    May 27th 2022: Technical View—BTC/USD Emphasising Weakness and EUR/USD Eyeing Higher Levels

    • May 26, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s shared currency eked out modest gains against the US dollar Thursday, clipping a portion of Wednesday’s 0.5 per cent downside move. Technically, buyers and sellers continue to square off a touch north of the $1.0638 pandemic low (March 2020) on the daily timeframe, demonstrating scope to connect

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  • May 26th 2022: Technical View Following FOMC Minutes

    May 26th 2022: Technical View Following FOMC Minutes

    • May 25, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Technical Outlook: Having seen daily price remain north of the $1.0638 pandemic low (March 2020), in addition to the weekly timeframe demonstrating scope to approach Quasimodo support-turned resistance at $1.0778, H1 Quasimodo resistance-turned support at $1.0631 could be an area the charts observe buyers display interest from, if

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