• December 4th 2020: EUR. AUD and GBP Test Fresh YTD Highs Ahead of NFP

    December 4th 2020: EUR. AUD and GBP Test Fresh YTD Highs Ahead of NFP

    • December 4, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply from 1.1857/1.1352 in August, buyers made an entrance in November, up by 2.4 percent. December trading higher by a healthy 1.9

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  • US Employment Data in Focus – November

    US Employment Data in Focus – November

    • December 3, 2020

    Release: Friday at 13.30pm GMT  As we head into the close of an undeniably tumultuous 2020, Friday gifts traders with November’s US non-farm payrolls report. The COVID-19 pandemic continues to influence the world and the financial markets, recently reporting an eye-popping 64 million global cases, according to Johns Hopkins University, a US private research institute

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  • December 3rd 2020: Brexit Issues Weigh on GBP/USD; Technicals Also Point to Lower Levels

    December 3rd 2020: Brexit Issues Weigh on GBP/USD; Technicals Also Point to Lower Levels

    • December 3, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply from 1.1857/1.1352 in August, buyers made an entrance in November, up by 2.4 percent. With December trading higher by a healthy

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  • December 2nd 2020: Euro Strikes Fresh YTD Peaks as DXY Tunnels Through 91.50

    December 2nd 2020: Euro Strikes Fresh YTD Peaks as DXY Tunnels Through 91.50

    • December 1, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply from 1.1857/1.1352 in August, buyers made an entrance in November, up by 2.5 percent. With December trading higher by 1.3 percent,

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  • December 1st 2020: DXY Higher on Month-End Flows; 92.00 Eyed

    December 1st 2020: DXY Higher on Month-End Flows; 92.00 Eyed

    • November 30, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply from 1.1857/1.1352 in August, buyers made an entrance in November, up by 2.5 percent. Though this argues additional upside may be

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  • Black and White Technical Report: The Week Beginning 30/11/2020

    Black and White Technical Report: The Week Beginning 30/11/2020

    • November 29, 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: 30th November – 4th December 2020

    Weekly Technical Market Insight: 30th November – 4th December 2020

    • November 29, 2020

    US Dollar Index: Shedding more than 0.6 percent, the US dollar, as measured by the US dollar index (DXY), unsurprisingly carved out a second successive losing week and renewed monthly lows. Feeble attempts at recovery off daily support from 92.26 throughout November demonstrated a lack of co-operation from buyers, ultimately allowing sellers to dethrone support

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  • November 27th 2020: Holiday-Thinned Trading Leaves DXY Moderately off Monthly Lows

    November 27th 2020: Holiday-Thinned Trading Leaves DXY Moderately off Monthly Lows

    • November 26, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since gone toe-to-toe around the upper section of supply from 1.1857/1.1352. Though this argues additional upside may be on the horizon, targeting

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  • November 26th 2020: Dollar Bulls on the Backfoot Ahead of Thanksgiving

    November 26th 2020: Dollar Bulls on the Backfoot Ahead of Thanksgiving

    • November 26, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since gone toe-to-toe around the upper section of supply from 1.1857/1.1352. Though this argues additional upside may be on the horizon, targeting

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  • November 25th 2020: Upbeat Risk Sentiment Weighs on Greenback; DXY Below Daily Support at 92.26

    November 25th 2020: Upbeat Risk Sentiment Weighs on Greenback; DXY Below Daily Support at 92.26

    • November 24, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since gone toe-to-toe around the upper section of supply from 1.1857/1.1352. Though this argues additional upside may be on the horizon, targeting

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  • November 24th 2020: DXY Balancing off Daily Support at 92.26 on Upbeat PMIs

    November 24th 2020: DXY Balancing off Daily Support at 92.26 on Upbeat PMIs

    • November 24, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) Following the break of long-term trendline resistance (1.6038) in July, buyers and sellers have since gone toe-to-toe around the upper section of supply from 1.1857/1.1352. Though this argues additional upside may be on the horizon, targeting

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  • Black and White Technical Report: The Week Beginning 23/11/2020

    Black and White Technical Report: The Week Beginning 23/11/2020

    • November 22, 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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