Brian Twomey

USD/JPY begins the week fairly neutral to overbought inside a range from short 150.51 to long 148.49. For the 3rd week running , GBP/JPY and EUR/JPY trade oversold. GBP/JPY’s vital break at...

From FX weekly, EUR/USD 1.0665 traded to highs of 1.0639. Lows for the past 2 weeks achieved 1.0448 and 1.0528. Enter anywhere and all profited. GBP/USD 1.2351 achieved highs 1.2337. Lows for the past...

March 2022, Inflation at 8.5% was matched by GDP in the first quarter at – 2.0%. DXY traded 96.93 and the Fed embarked on the first of 10 interest rate raises. By March 2023 and 1 year later,...

S&P 500 500 achieved lifetime highs at 4817.88 on January 2022 and since dropped to 3490.00 lows in October 2022 or 1327 points and 147.54 points per month. SPX at 150 points per month is fairly...

DXY begins the 3rd consecutive week trapped between 103.00’s to 101.00’s and ranged 122, 125 and 175 pips for the past 3 weeks. DXY 103.00’s traded overbought and oversold at...

EUR/USD At the beginning of the week, support was at 1.0866, and longs were recommended from Sunday. EUR/USD traded Monday lows at 1.0886. Longs were challenged by 1.0936 and 1.0957, as shorts were...

EUR/USD begins the week trading a 114 pip range between vital points 1.0822 to 1.0936. EUR/USD last week traded a 168 pip range and 78 pips lower than 2 weeks ago at 238 pips. EUR/USD’s range 2...

USD/CAD’s long-term target was reported in January and updated in March at 1.3168, and 1.3033 traded today at 1.3150. USD/CAD formed a double bottom on today’s hourly chart at 1.3150....

US Dollar Index for the week will struggle to break 103.00’s and trade to 104.00’s as averages are again building at 102.00’s and 103.00’s to prevent a DXY rise. The weekly...