VIDEO ANALYSIS: WHAT NEXT FOR THE USD AHEAD OF FOMCIn this video update, we take a look at the USD and how it could perform.
With FOMC coming up we can expect the Federal Reserve to be dovish in their tone
as recent data shows a fall in inflation. This will be something that the Fed will
address in their statement, any talk of cutting rates could see the USD drop
significantly however if they keep to a moderate dovish tone we expect to see USD strength continue
to the resistance zone and 161.8 fib extension.
Usdindex
VIDEO ANALYSIS: NZDUSD TRADE UPDATEIn this video update, we take a look at NZDUSD as we posted a trading opportunity from the daily chart.
We took this trade due to the market finding support at the yearly low. Typically the yearly highs and lows can offer support
and resistance areas for the market react from. The NZD is benefitting off the current USD weakness and if the DXY
pushes back towards 97.70 we could see further short-term upside to this pair.
VIDEO ANALYSIS: USD TO BREAK OUT HIGHER?In this video update, we take a look at the USD Dollar Index as the price is back at the key 97.70 highs.
The Fed is currently hawkish on the recent data with the potential of a hike in 2019 still on the table.
This has helped the USD push back into the key resistance and if the price breaks the 97.70 highs we
can look for further USD long opportunities across the board. Alternatively, if this level holds we can
look for USD shorts, however, this could be unlikely as other central banks are likely to cut rates
to meet inflationary targets.
VIDEO ANALYSIS: USDCHF AT YEARLY HIGHSIn this video update, we take a look at the end of day trade we placed on our telegram channel.
USDCHF has been moving towards the yearly highs for some time now as the Swiss Franc weakens.
Typically, when a market tests a yearly high, we do see a reaction from the level, which we are anticipating
to be lower on this pair. If we do see a daily bearish close here, it will cement our bias and we can look
for further opportunities to short the market.
VIDEO ANALYSIS: ANOTHER SWING OPPORTUNITY ON NZDUSDIn this video update, we take a look at NZDUSD as price looks likely to move lower in line with the US Dollar Index.
If the Dollar Index finds resistance at $97.00 we can look for long opportunities on NZDUSD. Apply this method to your
trades and you may find it helps in your decision making.
VIDEO ANALYSIS: WHAT NEXT FOR GOLD?In this video update, we take a look at GOLD as price consolidates at the key support level whilst the USD Index
finds resistance. A break and close above the key highs will see GOLD head towards the key resistance highs and trendline.
Look for short-term buying opportunities over the coming days if the USD can break below the lows of $97.00.
VIDEO ANALYSIS: USD CAPPED AT $97.70In this video update, we take a look at the US Dollar Index in order to look for trading opportunities for the week ahead.
The DXY is currently finding resistance at $97.70, with seasonality also highlighting a bearish month for the greenback, the price could
head back towards the $96.00 support. The 4hr timeframe suggests we could see a change in cycle if the market can break below
the key low.
VIDEO ANALYSIS: USD REMAINS BIDIn today's video update, we take a look at the USD again as we suggested yesterday we should see the USD bounce from the lows and demand zone.
The USD index shows that the greenback remains rangebound and highlights the importance of waiting for the price to hit those key supply and demand
zones before making trading decisions.