AUDCHF confirmed a lower high on the daily chart this past week and closed on Friday at .6595. While the risk for the shorts will…
Dollar Yen ended 2021 by closing above the Oct 2018 monthly high of 114.55 and confirming a break of the monthly trend to the upside. …
AUDJPY closed the week out at 82.55 on Friday. This was both enough for a Daily trend change to the upside and a Weekly confirmation…
Looking at the week ahead, let’s start with the Euro. We mentioned last week that Euro Dollar was wrapped up in cross pairs and not…
To recap last week, commodity based currencies did most of the driving. As we pointed out, USD/CAD was overbought, while AUD/USD and NZD/USD were oversold,…
Last week’s price action fell in line with our overall expectations. EUR/USD traded within it’s dynamic support and resistance levels. GBP/USD maintained it’s bearish posture,…
To summarize last week’s price action, we would say it was kind of expected. Existing trends with grinding price action working to achieve their targets…
Last week saw the continuation of Eur/Usd liquidation with lows reaching near 1.1250 and closing at 1.1280. It has been our view since September that…
Back on September 26, 2021 we published our Weekly Forex forecasts while EUR/USD traded near 1.1720. Our models all pointed lower both in the medium…
EUR/USD continued to slip last week making fresh lows near 1.1433. Our contention remains that price momentum will continue to weigh heavy on EUR/USD with…