If I Was in Fed Chair Powell’s Shoes… If I was in Fed Chair Powell’s shoes, I would pat myself on the back and just look to confirm what economists are forecasting, which is for 75bps...
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The Latest USDJPY Update From the Savvy Trader This is the latest update from a long time, highly respected Global-View member who called the top at USDJPY 162. I thus nicknamed him the savvy trader who...
Weekly FX Chart Outlook EURUSD DAILY CHART – WEEKLY OUTLOOK Trend is up 1.1047 recent high is now key resistance blocking 1.1137. Use 1.1050 as well. The weekly close above 1.10 is bullish but only a break/close...
What is the Surge in Gold Saying About the US Dollar? With XAUUSD topping 2500 to set a new record high on Friday, the question is whether this is a speculative bubble or is there more to...
A USDJPY Update From the Savvy Trader In an article entitled A Bold Prediction for USDJPY I listed a series of forum posts from one of our long-time and highly respected Global-View community members, whom I called...
Weekly Charts Analysis USDJPY DAILY CHART – Time to take a breather? USDJPY pattern is 5 down weeks in a row. To break this pattern, 147.90 would need to be broken. Otherwise, there could be an inside week....
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as...
Weekly Charts 28.07. – 02.08. EURUSD Weekly Chart Resistances at : 1.08600 , 1.09500 & 1.09700 Supports at : 1.08350 , 1.08050 & 1.07450 Major Support comes at 1.06800 Major Resistance at : 1.09700 Pattern...
WEEKLY CHARTS July 28th-August 4th USDJPY Daily Chart The retreat from 161.93 has seen broad unwinding of short JPY position before a pause on Friday. Watch AUDJPY, which has been a leader. 151.84 tested (double...
Weekly Charts USDJPY Weekly Outlook With the BoJ restoring a two-way risk, expect a choppy range as long as it stays within 155-160. Any move above 158 would raise the intervention risk. I got this from...
Why is the EURUSD Referred to as the Anti-Dollar? One role of the EURO is to act as the anti-dollar. What I mean by this is whether it be USDJPY, GBPUSD, USDCAD and any of the 180 currencies...
The 6 Primary Triple Candlestick Patterns As you learn certain signals in Forex trading, it is important to identify them quickly so that you can respond accordingly. While a dual candlestick pattern is great, a triple...
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