Technical Analysis

October 16th 2020: DXY Engulfs 93.50 – Bid Amid Risk Aversion
- October 15, 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 eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Despite this,
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October 15th 2020: GBP Flirting with 1.30 Amid Reports of UK/EU Progress
- October 14, 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 eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Despite this,
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October 14th 2020: Risk Aversion Guides DXY out of Demand at 92.71/93.14
- October 13, 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 eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Despite this,
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October 13th 2020: DXY Struggling to Entice Buyers Within Daily Demand at 92.71-93.14
- October 12, 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 eventually be on the horizon, targeting trendline resistance (prior support – 1.1641). Despite this,
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Black and White Technical Report: The Week Beginning 12/10/2020
- October 11, 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: 12th – 16th October 2020
- October 10, 2020
US Dollar Index: Down 0.8 percent last week, the US dollar (DXY) extended losses south of 94.65 daily resistance (March 9 low), a level benefitting from additional resistance by way of a daily trendline formation (102.99) and hidden RSI bearish divergence. As you can see, going into the close this landed things at daily demand
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October 9th 2020: Narrow Market Despite Constructive Risk Bias
- October 8, 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 8th 2020: Greenback Buckles as Risk Sentiment Improves
- October 7, 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 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 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
- 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
- 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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