EUR/USD recovers to near 1.0320 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target. EUR/USD rises sharply to near 1.0320 in Monday’s...
NZD USD ICT Entry 1. Liquidity taken 2, 50%fib 3, 11am rejection on FVG 4. Typical head and shoulders on H1 5, Asian low taken This is my set up.
What a great price action The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie was trading 0.3% lower at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4323 to 1.4393. Canadian government 10-year bond yields fell 0.1 basis points to 3.418%. The yield on...
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie was trading 0.1% lower at C$1.4403 to the greenback, or 69.43 U.S. cents, after trading in a range of 1.4392 to 1.4437. Canadian government 10-year bond yields rose 8 basis points to 3.429%. The yield on similar U.S. government benchmark...
he Canadian dollar edged lower against its U.S. counterpart for a third-straight day on Thursday as investors questioned the wisdom of suspending Canada's parliament at a critical time for the economy, and awaited domestic jobs data. The loonie was trading 0.1% lower at 1.4390 per U.S. dollar, or 69.49 U.S. cents, after moving in a range of 1.4366 to...
AUD CAD Entry FVG 10am bearish rejection on FVG MSS below Order block taken out liquidity
The Nasdaq 100 E-mini Futures (NQ March 2025) are trading at 21,474 at the time of this analysis, continuing a bullish move. Below is a breakdown of key price levels and what traders should watch as the market progresses. Bullish Bias Levels for NQ Today 21,438: A potential cooling-off level where price may pause. If reached, this level could present a long...
NZD/JPY Trade Setup The NZD/JPY pair frequently breaks through order blocks to grab liquidity before reversing. FVG and Bullish Engulfing (M3): Look for a Fair Value Gap (FVG) on the M3 timeframe. Confirmation comes with a bullish engulfing candle forming within the FVG. Market Structure Shift (MSS): Wait for a market structure shift above the FVG, signaling a...
We have a great zone where the price could go. Lets wait after the new year if we see a good trend.
EUR/USD moves higher to near 1.0430 in a thin trading volume day, while its broader outlook remains weak amid a firm US Dollar. Investors expect the ECB to reduce its Deposit Facility rate by a further 100 bps next year. US Initial Jobless Claims for the week ending Dec 20 surprisingly fell to 219K. EUR/USD rises to near 1.0430 in Friday’s North American session...
he U.S. Dollar Index (DXY) closed the week with a modest 0.2% gain, reflecting the influence of rising Treasury yields and persistent concerns over inflation, driven by the Federal Reserve’s hawkish outlook and the policy proposals from President-elect Donald Trump. Although the index dipped slightly by 0.06% on Friday, the dollar remains on track for a robust...
US Dollar (USD) continues to trade near its 2-year highs. Dollar Index (DXY) was last seen at 108.23, OCBC’s FX analysts Christopher Wong notes. USD continues to trade near its 2-year high “Daily momentum is mild bullish while RSI rose into overbought conditions. Resistance at 108.50, 109 levels. Support at 107.20, 106.70 (21 DMA). Day ahead watch US data – core...
Entry - EURUSD 1, M3 bullish engulfing on FVG 2, ict said if news 11am NY open or 10.15am was the entry 3, Bos top retest on FVG reversal 4, Market structure shift 5, H4 fib above 61.8 fig and m5 61.8 fib - DXY bearish EUR/USD surrenders intraday gains as ECB officials support further interest rate cuts. The ECB is expected to cut interest rates further by 100...
CAD JPY i use to trade this but the price action looks good. Waiting for Bos low being taken and retest to go bearish.A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential new medium-term downtrend phase for CAD/JPY.
he Canadian dollar hit a 4-1/2-year low against its U.S. counterpart on Friday as investors worried about a potential trade war between the United States and Canada and dialed back bets on Federal Reserve interest rate cuts in 2025. The loonie was trading 0.1% lower at 1.4230 per U.S. dollar, or 70.27 U.S. cents, after touching its weakest intraday level since...
The Nasdaq has blasted higher over the past two years, gaining more than 43% last year and now heading for an increase of more than 33% for 2024. This is thanks to the artificial intelligence (AI) boom, as five of the benchmark's most heavily weighted stocks and several others in the top 10 operate in this high-growth area. Today's $200 billion AI market is...
Dollar Index (DXY) continued to go higher on better-thanexpected PPI and softer EUR, following ECB meeting. Focus next on FOMC next week. DXY was last at 107 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Head and shoulders pattern have formed “Focus next on FOMC next week. A 25bp cut is more or less a done deal (markets pricing 97%...
AUD/USD bounced sharply and revisited the 0.6470 zone. The US Dollar kept a vacillating tone at the beginning of the week. The RBA is expected to keep its OCR unchanged on Tuesday. The US Dollar (USD) traded in an irresolute fashion on Monday, gyrating around the key 106.00 zone when gauged by the Dollar Index (DXY). Meanwhile, the Australian Dollar (AUD) managed...