Back on 09/26/21 we posted about the longer term price action forecast for the Euro. The monthly charts had already confirmed a top in August…
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…
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,…
EUR/USD was uneventful last week as a standalone pair. The range was contained within one big figure and as expected from last week’s forecast, the…
Last week was full of news releases for many pairs and volatility increased in the latter part. Daily charts provided limited insight, while weekly charts…
The new week opened up in Sydney where it closed out on Friday in the NY session. EUR/USD is still looking to find a bottom,…