FX Price Action Watch: AUD/NZD, AUD/USD, USD/JPY, GoldIn this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves. Pairs and markets analyzed this week: AUD/NZD, AUD/…Read More
Forex technical analysis: USDJPY approaches key upside200 hour MA and trend line approachedThe USDJPY is being supported today by a better tone in the stock markets (or so it seems) and let's face it, better US employment data from last week. The German Dax is up 0.59%. That ind…Read More
Elliott Wave Analysis: USD/CAD Trading Towards 1.330 RegionOn the 4h chart of USD/CAD we are tracking an ending diagonal where price seems to be headed higher now into a wave 5) of a blue wave C-circled. We know that each leg in an ending diagonal should be made by three su…Read More
Fed Hike Optimism Triggers Risk-On RallyInvestor sentiment was elevated during trading last week following the blockbuster non-farm payroll report of 255k which rekindled expectations over the Federal Reserve raising US rates before year end. Stock markets were pro…Read More
EUR/USD – Unchanged As Market Looks For CuesThe euro is unchanged to start off the week, as EUR/USD is trading at the 1.11 level. In economic news, there are no major events out of the Eurozone or the US. German Industrial Production rebounded with a gain of …Read More
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