USDCNH Retesting Broken Support USDCNH Has been trading in a narrow bearish channel over recent week, moving lower from the 6.5805 weekly highs, breaking below the 6.4018 level support to lows of...
Market Spotlight: AUDCAD Two-Way Play
AUDCAD Testing Major SupportThe decline in AUDCAD over this year has seen price trading down from highs around the 1.0000 level, right down to test major, long-term support at the .9267 level. This...
Market Spotlight: EURJPY Correction Underway
EURJPY Correction Underway The 130.69 breakout trade in EURJPY traded as high as the 134.42 level. Price is now starting to correct lower, with the RSI coming off and the MACD having turned bearish,...
Weekly Live Market & Trade Analysis
Weekly Live Market & Trade AnalysisIn this week's live market and trade analysis session, we assessed the technical price patterns of over 20 charts including the DXY, FX majors, global equity...
Market Spotlight: Trading The NFP
NFP Up NextThe big data today is of course the US employment reports. The headline NFP figure is forecast to print 645k, up from the prior month’s 266k while the unemployment rate is forecast to fall...
Market Spotlight: Trading The ADP Employment Release
ADP Employment Release in FocusThe US ADP employment release today is drawing a lot of attention ahead of tomorrow’s crucial NFP release. With the last month marking the first full month of reopening...
Market Spotlight: CADJPY Fresh Levels
CADJPY Rally ContinuesFollowing the brief consolidation around the bull channel top, price has since broken out above the 90.69 level and is sitting atop the channel also. While above here, the focus...
Market Spotlight: Which Way Next for GBPUSD?
GBPUSD At Key ResistanceThe rally in GBPUSD has seen price trading all the way back up to retest the 2021 highs around 1.4248. For now, this level is holding as resistance, helped by the broken bull...
Market Spotlight: Copper Bull Flag
Copper on Watch Copper prices are at an interesting juncture here. The short-term bear channel which has framed the recent correction lower (bear flag), looks to be failing here suggesting a...
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