Trade ideas

China’s central bank is stepping in to slow the yuan’s slide, moving to boost overseas borrowing. While the adjustment offers short-term relief, USD/CNH bulls remain in control as the focus shifts to US inflation, China’s data dump, and Trump’s looming tariff threats. Can Beijing hold the line, or is a push to fresh highs inevitable?

USD/CHF climbs toward the 2024 high (0.9225) following the 256K rise in US Non-Farm Payrolls (NFP).

Due to the hawkish repricing of US interest rates, the EUR/USD forecast remains bearish as we look forward to another week of volatility. US CPI and Chinese GDP are among the data highlight to watch.

It was a brutal week for the British Pound, with GBP showing its largest weekly loss against the Euro in more than a year.

Gold prices marked a second weekly rally with a rebound off support now within striking distance of resistance. Battle lines drawn on the XAU/USD weekly technical chart.

USD/CAD hasn’t yet set a fresh high in 2025 even as U.S. Dollar strength has continued. The pair matched its largest down-day in a year after news of Justin Trudeau’s resignation.

The US Dollar rally extended for a sixth-consecutive week with a 4.3% advance now approaching uptrend resistance. Battle lines drawn on the DXY weekly technical chart.

GBP/USD approaches the November 2023 low (1.2096) after failing to defend the 2024 low (1.2300).

EUR/USD has so far held a higher-low this week, but sellers don’t appear finished yet as USD strength has continued ahead of tomorrow’s Non-farm Payrolls report.

With not much in the way of macro factors to watch until the nonfarm payrolls report is released, I will provide some in-depth technical Nasdaq 100 analysis first before looking at some macro influences that could shape the markets in the weeks and months ahead.

Australian Dollar is resting at key support as the bears attempt a sixth weekly decline- NFPs on tap. Battle lines drawn on the AUD/USD weekly technical chart.

European stocks traded mixed with Spain’s Ibex rising to a fresh weekly high and Germany’s DAX off its earlier lows at mid-day in London as government bond yields eased off their earlier highs.

While I suspect gold is in for another good year, the gains seen so far in January wreak of a false initial move to my eyes. And with NFP potentially knocking out decent figures, I’m on the hunt for a swing high.

EUR/USD snaps the recent series of higher highs and lows as it trades to a fresh weekly low (1.0273).

AUD/USD was just ten pips away from a fresh four year low last week. But sellers held .6300 resistance and the big question is whether they can punch through support.

USD/CHF is poised mark a third weekly advance with price now approaching initial resistance near the 2024 close high. Battle lines drawn on the weekly technical chart.

Cable is pushing down to fresh eight-month-lows today, nearing a major support level, and GBP/JPY is showing a non-completed morning star.