Gold on CPI, selling off in line with the bearish data outcome, managing risk and adding to the position to breakeven while below key daily and weekly levels.
The Watchlist creation for the US session on Tuesday.
The Watchlist creation for the US session, 8am-12pm NY time. US data eyed.
UJ is under pressure to test last week's support base. Its a FRD but there are prospects of a long for the coming hours.
DXY is under pressure and no reason for it not to continue lower although we have FOMC mins that could surprise hawkish. EURUSD is bid.
Something for everyone but dovish bias weighs on US Dollar and EUR finds demand breaking fresh highs.
This is the shortened version of the Watchlist. Watchlist creation for the start of the week. We have several momentum markets as well as a selection of reversal opportunities.
Watchlist creation for the start of the week. We have several momentum markets as well as a selection of reversal opportunities.
Was the move overdone in reaction to US CPI? Will the Greenback hold up? More data on the way!
USDCAD is pumping up Friday's resistance area and could be a scalp for short in the US session.
US30 is taking off form the Closing price. This could have some legs today.
There could be a sell-high opportunity for USDCHF, waiting to see if we get a restest of the highs.
Both GBP and the EUR cross are showing bullish traits, but grade B trade set ups.
Oil is up high in Friday's range. the closing price and high on Friday could be key.
Gold trades inside of Friday's range so far, Key levels to watch are the closing price and low of Friday.
The US dollar has closed lower for the first day in a series of up days, but does that mean we should we be looking to get short of the currency on Monday ahead of Tuesday's CPI?
Here I look at what is setting up in line with the prior day's close.
US Dollar analysis. The dollar gained sharply across the board after Powell’s comments. This exaggerated reaction in just goes to show you how dovish the FX market has been leaning in recent days. Chair Powell joined the Fed’s pushback efforts. Powell noted that while monetary policy was working in ways it should, some households and businesses are not...