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Is the trend still our friend on USD/CAD? The pair has formed higher lows connected by a rising trend line seen on its hourly time frame, and it looks like another test is due soon.
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This week our currency strategists focused on the U.K. jobs update and the U.S. CPI update for potential high-quality setups. How did they play out?
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Are my eyes deceiving me or is this a reversal pattern forming on silver’s 4-hour time frame? In any case, check out this resistance zone being tested!
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This sterling pair seems to be struggling to sustain its recent trend, and a chart pattern is forming to suggest a potential reversal. Take a look!
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Gold has been cruising close to its record highs in the past few days but seems to be struggling to bust out of consolidation. Check out these inflection points I’m watching!
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USD is having trouble extending its upswing above a resistance area. Will the pair extend its downtrend? Or will this week’s events force a breakout?
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This week, all eyes are on the U.S. August inflation report, one of the last data points before the FOMC meets for its September’s decision.
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USD/CAD has been edging higher thanks to a dovish Bank of Canada (BOC) announcement and a dollar rebound during the NFP release last week. Can the pair keep up its climb when the U.S. prints its CPI report?
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Guppy was in a steep selloff mode last week, but are we about to get a correction soon? Here are the nearby inflection points I’m keeping tabs on.
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Can the U.K. jobs reports extend GBP/AUD’s uptrend? We’re looking at a potential break-and-retest scenario ahead of this week’s market movers.
Read MoreCut your losses. Cut your losses. Cut your losses. Then maybe you have a chance. Ed Seykota