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NZD/USD Weekly Analysis:: December 6th, 2020

Taking a look at a very highly risk-correlated pair in the NZD/USD. Although, it is not 100 percent tied to risk it does react very strongly with risk assets. Therefore, it should be no surprise that with the S&P 500 at an all-time high and the DXY making fresh 24 month lows, this pair would be flying high.

USD/JPY Analysis December 6th, 2020

The Yen has been a breathtaking rally as of late, pushing and pulling all JPY pairs and crosses along the way. The USD/JPY pair is no exception and with a the weaker U.S. Dollar across the board, you would hard pressed to find another pair that defines these two trends better.

USD/CAD:: Continuation or Rest?

As we begin the new week, we see risk markets, as evidenced by the S&P 500 at all-time highs. There is a bit of sideways action in the Forex markets, with the exception of the USD or DXY. This has cause some pretty dramatic moves in the U.S. Dollar and risk in general.

Gold Weekly Analysis

As noted many times, Gold is a very good asset to review when trying to price commodities and inflation. Below we look at a weekly chart of XAU/USD to see what it means for the Forex market and general risk sentiment.

Forex, Oil and the U.S. Dollar

It's no secret that commodities, especially oil have an effect on Forex markets and vice versa. Multiple pairs, such as USD/CAD, NZD/USD and AUD/USD can be affected by the movement in the price of oil. Today let's take a look at where oil is and where we think it will be headed to see the possible effect in the Forex market.

AUD/USD Breakout Near?

Now that the U.S. Election is almost over, the RBA had its meeting and was clearly against negative rates. Let's take a look at the AUSSIE as it is about to get to some resolution of the wedge that has been in formation for quite some time.

U.S. Election is here!

Finally, election day has come. We are not sure if this is a good thing or a bad thing. The volatility in lead up to this election has provided great trading opportunities: We have had Closing trades on NZD/USD with 54 PIPS Gain, EUR/JPY with 204 PIPS Gain, GBP/AUD with 99 PIPS Gain, and USD/CAD with 163 Pips Gain.

Real-Time Update:: Risk Markets Turning South

The markets are moving quickly today reversing an increase in risk assets this morning. At present we see this move as nothing more than sideways chop. However, it is presenting some opportunity for some interesting trade setups. As we mentioned in our newsletter on Monday, selling DXY and USD against major pairs was our base case coming into the week. It looks like the U.S. stimulus will not pass before the election which is creating some short-term opportunities for coun

Mid-Day Commentary 10.15.2020

Today we are seeing risk markets taking a dive this morning. As we noted in our commentary and newsletter Tuesday and Wednesday, it was...

Caution in the Markets

There is currently a great deal of optimism in the markets at this time. Momentum is booming and risk markets are looking to break out. ...

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