by Justin Bennett ·
by Justin Bennett  · 

March 25, 2024

March 25, 2024

The New Zealand dollar (NZDUSD) is starting the week in a range it hasn’t seen since November.

Today’s video has all the details on how to trade this new range, including key levels to watch and targets.

Plus, I’ll share the latest on the US Dollar Index (DXY) as it tests a potentially significant level from 2022.

2  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 23, 2024

March 23, 2024

The US dollar finished the week with a two-day rally of well over one percent, erasing all of Wednesday’s FOMC-driven losses.

Today’s Weekly Forex Forecast focuses on what last week’s US Dollar Index (DXY) strength means for the EURUSD, GBPUSD, USDCAD, and XAUUSD.

1  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 22, 2024

March 22, 2024

USDJPY has reached the 152.00 target I laid out last Friday, so what’s next for the currency pair?

In today’s video, I share exactly what I’m watching next week, including how the US Dollar Index (DXY) will impact USDJPY and possible targets above the 152.00 resistance level.

3  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 21, 2024

March 21, 2024

The EURUSD has been a somewhat confusing currency pair since the start of 2024.

We’ve seen it whipsaw between support and resistance with no real conviction, but this pattern on the Euro Index (EXY) is the one to watch!

In today’s video, I discuss the multi-year consolidation from the EXY and how a breakout this month would affect the EURUSD.

1  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 20, 2024

March 20, 2024

Gold remains sideways following the aggressive breakout to new all-time highs earlier this month.

However, the recent price action is a bit concerning for bulls.

In today’s video, I explain why this week’s price action from XAUUSD is a concern, key levels to watch following today’s FOMC, and possible targets.

1  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 19, 2024

March 19, 2024

The US Dollar Index is making big moves today ahead of Wednesday’s anticipated Federal Open Market Committee (FOMC).

What specifically should you watch for, and how might that affect the major currency pairs?

I’ll have all the answers in today’s episode of The Daily Edge!

1  Comments

by Justin Bennett ·
by Justin Bennett  · 

March 18, 2024

March 18, 2024

Last week’s price action from EURUSD may be foreshadowing what this Wednesday’s FOMC is likely to offer traders.

In today’s video, I discuss last week’s break, and how this week’s volatility could shake out for the euro.

2  Comments