Consolidatory price action in the FXCM USDOLLAR (CFD) is still ongoing with neither the Bulls nor the Bears making any headway. Looking at the structure…
We have highlighted the importance of the Chinese Yuan in previous posts. Updating the technical picture. On the weekly chart, we have a MACD/Signal cross…
The GER30 (German Dax) CFD, posted a new high (pre covid high as well), 4 weeks ago and has been consolidating ever since, with little…
The EURUSD and USDCHF have a very high inverse correlation so when they get out of sync i.e. the EURUSD makes new highs but the…
The USD in our view continues to be in an accumulation phase, hence the choppy price action near its lows. Recent price action in the…
Since hitting an intraday low of $28797 today, Bitcoin has staged an impressive rally and is currently trading well above $30k. Since its top at…
A turnaround in the USD will inevitably bring lower Commodity prices. The weekly chart below of the CRB Index highlights that the commodity rally may…
Following up on our previous post of the Chinese Yuan, showcased below are the daily charts of the USDKRW, USDSGD and USDINR. 1. USDKRW –…
The USD bottom building exercise is still in full flow and maybe drawing to a conclusion soon. Today we can see broad USD strength amongst…
The Greenback is gaining as per our bullish USD call but we would like to see more upside momentum in the USDCHF! Although the EURUSD…