USD/MXN got up recently. Is it a strategic trend change? Not yet - rather, another upswing to form a new wave downwards. Perfect positioning to go bearish.
Tag - technical analysis
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
GBP/USD went beyond 1.37 and reversed the gains. How to trade it now?
Let's trade GBP/USD. It gives a very interesting bullish layout currently - you'll find both mid-term and long-term strategies inside.
Asia-Pac bourses took impetus from the gains on Wall Street where stocks rallied to all-time highs and the Nasdaq outperformed.
There many exotic pairs out there. There many reasons to trade them, too. What are they? Read the article, and you'll see.
USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?
Flat resistance and higher lows is what we have on the strategic map for gold. So, are we going to see it rise back up?
Joe Biden takes the presidency in the US, the Forex market is mostly bullish. We were correct with many of our short-term projections yesterday. Let's see what happens today and what the week brings.
This Thursday, at 22:00 MT time, IBM reports Q4’2020 performance. What is there to expect? Read and trade it!
Look at the H1 chart for USD/JPY - is it not a perfect example of a reversal in the resistance zone?
In this daily update, you have short-term and mid-term outlook for the main currencies and commodities weighted against the long-term horizon. You are also provided with suggestions on which to levels to look at and what the most likely trajectories are for USD, EUR, AUD, GBP, gold and WTI oil.