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Usd/jpy countertrend sell-off grows to 35 basis points on monday afternoon
USD/JPY once again traded in a tight daily range near 150 on Monday, with its 105.14 high nearly reaching October’s 2023 peak at 150.165, as options...
October 23, 2023, 7:29 pm
: award-winning technical strategist tom demark says s&p 500 will see countertrend rally
Tom DeMark, the award-winning technical strategist, says the stock market is due for a countertrend ral...
October 3, 2023, 11:06 am
Wti oil technical: risk of countertrend setback after rallying a year-to-date high
Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high of US$86.31 per barrel printed on last Friday, 1 Sep...
September 4, 2023, 2:39 am
Wti oil technical: risk of countertrend setback after rallying a year-to-date high
Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high of US$86.31 per barrel printed on last Friday, 1 Sep...
September 4, 2023, 2:27 am
Aud/usd technical: potential minor countertrend rebound in progress
Medium-term downtrend phase of AUD/USD has reached an oversold condition with downside momentum easing. Key short-term support to watch will be at 0.6...
August 28, 2023, 7:08 am
Aud/usd technical: potential minor countertrend rebound in progress
Medium-term downtrend phase of AUD/USD has reached an oversold condition with downside momentum easing. Key short-term support to watch will be at 0.6...
August 28, 2023, 5:01 am
Nasdaq 100 technical: potential minor countertrend rebound
Prior 5-day decline has reached short-term oversold condition right at a 14,950 key minor support. Positive price action follow-through seen yesterday...
August 15, 2023, 6:36 am
Nasdaq 100 technical: potential minor countertrend rebound
Prior 5-day decline has reached short-term oversold condition right at a 14,950 key minor support. Positive price action follow-through seen yesterday...
August 15, 2023, 5:40 am
Gold's countertrend rally hits new trend high, but resistance kicks in for a pullback
A bullish reversal pattern emerges as gold breaks above last week's high, awaiting confirmation....
July 5, 2023, 3:55 pm
Fx play of the day: gbp/usd’s short-term countertrend trade
Is Cable ready for another pullback after making new weekly lows? Let’s take a closer look at what’s happening on the 1-hour time frame......
May 25, 2023, 7:44 am
Forex watchlist: gbp/usd at channel bottom ahead of u.s. core pce price index
Who’s up for a potential GBP/USD countertrend play? Better keep your eyes on these levels if you’re...
May 25, 2023, 2:33 am
Forex watchlist: gbp/aud’s countertrend setup ahead of boe’s decision
Thinking of staying away from the U.S. dollar today? How about a short-term opportunity ahead of BOE’s policy decision?......
May 10, 2023, 3:30 am
Chart art: aud/usd countertrend opportunity & eur/nzd correction
Whether you prefer going with the flow or feel gutsy enough to take a contrarian setup, I’ve got you covered with these setups on AUD/USD and EUR/NZ...
April 14, 2023, 4:54 am
The usd moved higher into the ny session but is seeing some modest profit taking.
The USD moved higher today reaching new extremes for the week and beyond. However, there has been some selling as technical levels were approached ...
February 17, 2023, 2:34 pm
Daily forex news and watchlist: usd/cad
Anyone up for a countertrend trade today? I’m looking at this potential bounce for the dollar in case...
January 5, 2023, 9:59 am
Gold price forecast: xau/usd bears lurking below key countertrendlines
The Gold Price is down some 0.3% and fell from a high of $1,798 to a low of $1,784 on Monday. The yellow metal has struggled to break a technical resi...
December 19, 2022, 11:29 pm
Gbp/usd price analysis: bears are moving in but 1.1800 and then 1.2000 could be over the horizon
With the price on the backside of the weekly countertrend, 1.2000 is a realistic prospect. The Pound ra...
November 11, 2022, 2:31 am
How to watch for countertrend trades using russell 2000 etf (iwm)
Recently we have focused on the Russell 2000 (IWM) small-cap index. Since IWM shows a large variety of companies, it gives a great picture of where t...
April 9, 2022, 10:13 pm