• August 18th 2020: Additional USD Softness Throws DXY Under 93.00

    August 18th 2020: Additional USD Softness Throws DXY Under 93.00

    • August 17, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro nudged to a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • Weekly Technical Market Insight: 17th – 21st August 2020

    Weekly Technical Market Insight: 17th – 21st August 2020

    • August 16, 2020

    US Dollar Index: Down 0.32%, the US dollar index (DXY) found itself on the backfoot once again last week, unearthing an eighth consecutive weekly decline. Wrapping up July, price action crossed paths with 92.71, a daily bear flag (between 95.72/97.45) take-profit target, measured by calculating the preceding move and adding the value to the breakout

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  • Black and White Technical Report: The Week Beginning 17/08/2020

    Black and White Technical Report: The Week Beginning 17/08/2020

    • August 16, 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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  • August 14th 2020: DXY Bulls Hold 93.00 Despite Fading Daily Supply at 94.02/93.56

    August 14th 2020: DXY Bulls Hold 93.00 Despite Fading Daily Supply at 94.02/93.56

    • August 13, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • August 13th 2020: H4 Head and Shoulder’s Top Pattern in Play on GBP/USD

    August 13th 2020: H4 Head and Shoulder’s Top Pattern in Play on GBP/USD

    • August 13, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • August 12th 2020: Upside Momentum Slowing on the DXY, Capped by Daily Supply at 94.02/93.56

    August 12th 2020: Upside Momentum Slowing on the DXY, Capped by Daily Supply at 94.02/93.56

    • August 11, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • August 11th 2020: DXY Extends Recovery Gains and Probes Territory North of 93.50

    August 11th 2020: DXY Extends Recovery Gains and Probes Territory North of 93.50

    • August 10, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • Black and White Technical Report: The Week Beginning 10/08/2020

    Black and White Technical Report: The Week Beginning 10/08/2020

    • August 9, 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: 10th – 14th August 2020

    Weekly Technical Market Insight: 10th – 14th August 2020

    • August 9, 2020

    US Dollar Index: After scoring a 27-month low at 92.52 heading into the second half of the week, a strong-willed recovery emerged. Albeit inspiring, the US dollar index (DXY) still marginally closed in negative territory (-0.10 percent), recording a seventh successive weekly decline (falling more than 4 percent in July). From a technical point of

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  • August 7th 2020: DXY Hesitant at Two-Year Lows

    August 7th 2020: DXY Hesitant at Two-Year Lows

    • August 6, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • August 6th 2020: DXY Eyes Fresh YTD Lows

    August 6th 2020: DXY Eyes Fresh YTD Lows

    • August 5, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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  • August 5th 2020: Dollar Claims Lower Levels as Equities Explore Higher Terrain

    August 5th 2020: Dollar Claims Lower Levels as Equities Explore Higher Terrain

    • August 5, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro punched out a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from

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