• October 7th 2020: Risk Assets Tumble After Trump Calls off Stimulus Negotiations

    October 7th 2020: Risk Assets Tumble After Trump Calls off Stimulus Negotiations

    • October 6, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • October 6th 2020: Buck Softens Amid Revival of Risk Appetite

    October 6th 2020: Buck Softens Amid Revival of Risk Appetite

    • October 5, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • Black and White Technical Report: The Week Beginning 05/10/2020

    Black and White Technical Report: The Week Beginning 05/10/2020

    • October 4, 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: 5th – 9th October 2020

    Weekly Technical Market Insight: 5th – 9th October 2020

    • October 4, 2020

    US Dollar Index: Early week, the US dollar, as measured by the dollar index (DXY), tumbled lower from an interesting combination of daily resistance, consisting of 94.65 resistance (March 9 low), a trendline resistance (102.99), an ABCD resistance at 94.63 (together with a 2.0 BC projection at 94.58) along with hidden bearish divergence out of

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  • October 2nd 2020: Sterling Whipsawed Amid Brexit News Flow

    October 2nd 2020: Sterling Whipsawed Amid Brexit News Flow

    • October 1, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • October 1st 2020: Choppy FX Action Amid Month-End Flows

    October 1st 2020: Choppy FX Action Amid Month-End Flows

    • September 30, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • September 30th 2020: Greenback Extends Downside Ahead of US Presidential Debate

    September 30th 2020: Greenback Extends Downside Ahead of US Presidential Debate

    • September 29, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • September 29th 2020: Dollar Loses Grip as Risk Appetite Picks up

    September 29th 2020: Dollar Loses Grip as Risk Appetite Picks up

    • September 28, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August, as you can see, toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional upside may be on the horizon, targeting trendline resistance (prior support – 1.1641). Trading in September,

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  • Black and White Technical Report: The Week Beginning 28/09/2020

    Black and White Technical Report: The Week Beginning 28/09/2020

    • September 27, 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: 28th September – 2nd October 2020

    Weekly Technical Market Insight: 28th September – 2nd October 2020

    • September 27, 2020

    US Dollar Index: After penetrating the upper perimeter of a daily falling wedge pattern (93.91/92.55), upside performance was initially lacklustre, hampered by daily supply at 94.02/93.56 and the current downtrend, active since topping in March. A falling wedge can signify either a reversal or continuation signal – in this case the pattern implies a reversal.

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  • September 25th 2020: DXY Takes a Breather South of Daily Trendline Resistance (102.99)

    September 25th 2020: DXY Takes a Breather South of Daily Trendline Resistance (102.99)

    • September 24, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August saw the euro nudge to a fourth successive monthly gain against the US dollar, adding nearly 1.5 percent. The move toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional

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  • September 24th 2020: USD/JPY Descending Triangle Support at 104.62 Serving Buyers Well

    September 24th 2020: USD/JPY Descending Triangle Support at 104.62 Serving Buyers Well

    • September 23, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August saw the euro nudge to a fourth successive monthly gain against the US dollar, adding nearly 1.5 percent. The move toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional

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