Chart of the Day – USDZAR – (June 22nd, 2021)

The USDZAR has spent the last few days probing key resistance which are the lows from February at the 14.4100 level. Above that the 50% retracement of the march highs to June lows comes in at 14.4859. A break above this level would open the […]

Chart of the Day – USDMXN – (June 21st, 2021)

After the USDMXN broke the 200dma we’d expect some near term consolidation. However, the long term bounce from the key 19.5700 level support was significant the last couple weeks. 1. It created a false breakdown below the support that was formed April/May. 2. The lows […]

Pound volatility continues

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Oil gains ground, gold rebounds

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