Freak FX Trading Analysis & Comment

Freak FX Trading

U.S. Dollar Doomed With Bears Looking For The Kill By Ken Chigbo - May 10, 2021 2

Recent Price Behaviour The greenback resumed its decline last week, after a brief respite in the prior week. Technically the US Dollar Index retested the bearish flag structure that had been...

U.S. Dollar Selling Flood Gates Are Wide Open By Ken Chigbo - Apr 26, 2021 1

Recent Price Behaviour The USD bears are in full control as the US Dollar Index plummets to the lowest levels in almost two months, allowing its peers to flourish. Last week was another one in the red...

U.S. Dollar Bull Run Is Over And Here Is Why By Ken Chigbo - Apr 14, 2021 11

Price action recap USD had been on a powerful bull run from the get go of 2021, after the beating encountered last year. At the closure of March the greenback posted its biggest quarterly gain...

AUD/USD Subject To Wave Of Downside Momentum By Ken Chigbo - Apr 12, 2021 3

The Australian Dollar in 2020 was one of the best-performing currencies, following a strong run to the upside from March to December. The pair rallied as much as 1885 pips, after hitting the lowest...

U.S. Dollar Bull Action Set To Return Following Consolidation By Ken Chigbo - Apr 06, 2021 4

USD Bull Run The greenback remains well within the control of the market bulls, seeing another solid performance for the month. March saw the USD posting its biggest monthly advance since July 2019,...

U.S. Dollar Is In A Rocket Ship Set For Orbit By Ken Chigbo - Mar 30, 2021 13

U.S. Dollar is in a rocket ship set for orbit The dollar remains on an impressive bull run, continuing to defy many big institutional players that are refusing to believe it is the start of the...

U.S Dollar And Japanese Yen Safe-Haven Flows Here To Stay By Ken Chigbo - Mar 24, 2021

A chunky shift in market sentiment is being observed, following solid one-directional flows into the risk assets. The likes of AUD, NZD, GBP, USD, CAD, riskier FX versus both USD and JPY had been...

The Japanese Yen Bulls Are Awakening Again By Ken Chigbo - Mar 23, 2021 1

The Japanese Yen Bulls are awakening again A shift back into the Japanese Yen has been evident across the board as trading gets well underway for the new week. Foundations were laid technically...

USD make or break: Focus on FOMC rate decision By Ken Chigbo - Mar 16, 2021 5

USD retests critical weekly support: What next? At the commence of last week, USD over Sunday/Monday made a strong advance to the north, in what looked to be a continuation of the gains seen in the...

U.S. Dollar Bulls Have An Opportunity To Break Huge Barrier By Ken Chigbo - Mar 10, 2021

Dollar Bull Run USD remains on a very consecutive run to the north, with the DXY at the highest levels seen since November 2020. It is heading towards its third consecutive month in the green,...