Technical Analysis

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
READ MORE
February’s US Employment Situation Report in Focus
- March 5, 2021
Release: March 5 at 13.30pm GMT (last update: February 5) Reading time: 15 minutes Due to its timeliness, accuracy and importance within the broader economy, the employment situation report—often referred to as the non-farm payrolls release—is a closely monitored indicator. As well as a leading indicator of consumer spending, non-farm payrolls represent a measure of
READ MORE
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
READ MORE
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
READ MORE
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
READ MORE
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
READ MORE
Black and White Technical Report: The Week Beginning 01/03/2021
- February 28, 2021
XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORE
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
READ MORE
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
READ MORE
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
READ MORE
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
READ MORE
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
READ MORE