NZDUSD long-term analysis and forecast 2020
Will the NZD get stronger in 2020? As expected and mentioned in the previous NZDUSD cross-pair analysis, we can see weekly and monthly highs being broken on the NZDUSD cross-pair. Regardless of China’s economic growth is slowing even more than expected from the coronavirus pandemic, reducing China’s trade and lowering demand for NZ imports. New...
JPY to USD Forex Analysis December 2020
As explained in a previous long-term supply and demand analysis for JPY to USD forecast, we were expecting and waiting for new demand imbalances to be created before we thought of going long on USD JPY. Price action is showing us a very strong impulse that ended up creating a demand level around 100.75. USD...
Trading Forex and Stocks during the US Elections 2020. The power of supply and demand imbalances
The outcome of the US presidential election 2020 is on a knife edge, with Donald Trump and his rival Joe Biden neck and neck in key swing states. As a Forex or Stock trader, you will probably be scared by the high volatility of the markets during the elections. As a supply and demand trader,...
NZDUSD analysis Forex October 2020
Will the NZD (New Zealand Dollar) get stronger in 2020? It’s very unlikely. As supply and demand traders, we do not need to pay attention to fundamentals to do an NZDUSD analysis. However, If we were to believe major bank New Zealand Dollar forecasts, the NZDUSD would remain around 67 US cents to the NZ...
EURUSD and Dollar Index analysis 2020
EURUSD and Dollar Index analysis 2020 updates. As explained in the previous EURUSD and Dollar Index #DXY analyses, we expect a bigger correction on the EURUSD and Dollar Index after such strong impulses. Going long on EURUSD and short on Dollar Index is not a good idea, given the strength of the bullish impulse on EURUSD and the bearish...
GBPUSD Forex cross pair short bias reacting to an imbalance
GBPUSD Forex cross pair is dropping as expected from the monthly supply imbalance, located around 1.32. The reaction has been pretty strong for now. The British Pound is weak against the US dollar. This, together with the fact that the Dollar Index DXY analysis is bullish, it’s helping the GBPUSD Forex cross-pair to drop so...
Dollar Index DXY strength. Buy opportunities
As discussed in the previous US Dollar Index DXY supply and demand analysis and forecast, the expected bullish correction is happening. . The EURUSD forex cross pair forecast and analysis are very similar. Still, we are expecting a bearish correction instead. As a Forex trader, you should know that EURUSD and Dollar Index DXY are...
EURUSD is dropping, short bias in September 2020
As explained and forecasted for weeks, EURUSD is dropping as expected. We expect a bearish correction on the EURUSD Forex cross pair after such a strong bullish impulse on the monthly timeframe. There is a much lower monthly demand imbalance so we can think of long-term positions. EURUSD forex forecast and prediction Short positions will...
Expecting a bearish correction on EURUSD
Expecting a bearish correction on the EURUSD Forex cross pair after such a strong bullish impulse. There is a much lower weekly demand level where we can think of long positions. The Dollar Index DXY analysis is very similar to the EURO but inversely correlated. EURUSD forex forecast and prediction Short positions will be possible...
EURNOK forex cross pair creating new imbalances
EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. EURNOK is trying to recover from its worst drop in a few decades by creating new daily demand imbalances like the one you will see lower in this forex analysis. As explained in the previous EURNOK forex cross-pair analysis,...
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