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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/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.

Forex Weekend Newsletter 11.28.20

Last week was a Thanksgiving Holiday shortened week in the Forex Market. However, we did manage to have a few profitable trades as the risk market made history by breaking to all-time highs. As we have said many times, our oscillators can stay stretched for a long period of time. As noted in last weekend's newsletter we were expecting the overbought conditions to continue through this past week and indeed they did. Currently, both our short-term and long-term oscillators a

PrymFX Forex Weekend Newsletter 11.21.20

Last week was a very slow one for us in the Forex Market. We put on two trades this week, one was closed on Friday, USD/CAD, with a nice profit. The other trade is still open and we are looking at the probability of closing it for a good profit before we take off for the Thanksgiving Day holiday.

NZD/USD: Triple Top?

As we've noted in our recent post about the U.S. Election we will be looking for trades in the NZD/USD for the foreseeable future. As such, let's take a look at the NZD/USD chart to see where this particular may be headed.

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.

PrymFX Forex Newsletter - October 25th, 2020

We are finally in the homestretch of what is going to be very uncertain times. At least that is what everyone is expecting. The United States is ten days away from the election, Brexit has one week to get solved, all major markets and assets are at critical inflection points and on and on.

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

Markets At Critical Point

This week was one of the more interesting in the last few months. While prices did not actually move in dramatic fashion, there are...

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