uptrend

Looking for USD-related trades ahead of Uncle Sam’s jobs data releases on Thursday and Friday? I gotchu! Take a look at USD/CHF hanging out near a trend support: USD/CHF 15-min Forex Chart by TV In case you missed it, the FOMC meeting…

USD/JPY OUTLOOK:USD/JPY resumes its advance and rises to its best levels since November 2022The U.S. dollar draws support from higher Treasury yields following hawkish comments from the Fed chair at a Congressional hearingPowell says that…

Share: AUD/JPY trades near YTD high, yet RSI hints at overbought conditions. Potential resistance at…

Canada’s surprise rate hike got traders selling AUD/CAD yesterday! In case you missed it, the Bank of Canada (BOC) raised its interest rates by 25 basis points to 4.75% after keeping it at 4.50% for three decisions in a row. AUD/CAD,…

Share: Oil price recovers for the second day after the debt-ceiling bill gets voted through by the US…

Share: GBP/USD: Cable grinds above 1.2500 as BoE vs. Fed play intensifies, US jobs report eyed GBP/USD aptly…

EUR/JPY just broke below a technical pattern! If you haven’t noticed, a combo of risk aversion and a burst of yen strength dragged major JPY pairs lower in the last trading sessions. In EUR/JPY’s case, all the yen-buying has translated…

Who else is looking at major AUD pairs ahead of Australia’s CPI release? I don’t know if you’ve noticed but AUD/USD has been forming higher highs and higher lows since last week when the pair found support from the .6500 psychological…

NASDAQ 100 FORECAST:Nasdaq 100 has risen sharply this year, boosted by the “artificial intelligence frenzy, but the rally has not been homogenousA few megacap tech players have been the main source of strength for the marketOverbought…

Who else is looking to trade Friday’s U.S. NFP release? If you are and you haven’t found a forex pair to trade yet, then maybe you’ll like jumping on USD/JPY’s month-long uptrend! Here’s the 1-hour chart that I’m looking at: USD/JPY…