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Brian Twomey

Joined: Jun 03, 2012
  • Analysis & Opinion

Brian Twomey's Opinion & Analysis
A complete archive of Brian Twomey's articles, including current analysis & opinion.

DXY big breaks this week are located at 106.30, 106.65, 106.79, then 108.30, 108.46, 109.26, and 109.42. DXY lows target 105.18 and 105.09. DXY 106.79 becomes most vital as 107.00’s failed to register...
Since the Fed’s last raise on Nov. 3, the Fed Funds rate has opened and closes at 3.83. The Fed Funds rate once traded freely, with highs and lows as any financial instrument. In 2000, Central banks...
A gap applies to a Sunday night open when the currency pair is severely overbought or oversold. The amount of pip movements depends on the degree of overbought or oversold. The purpose of the Gap open...
From 2018 to April 2021, when Inflation printed 3.00’s, weekly trading ranges traded 150 ish pip weeks and cross pairs at 150 to 200 ish pips. As higher Inflation and interest rate changes became the...
The EUR/USD driving average is at 1.0805. Recall past writings. The target on a break of the 5-year average at 1.1400’s was 1.0800, but EUR/USD decided to travel an additional 800 pips to 0.9500...
The EUR/USD and DXY relationship begins the week at crucial inflection points at EUR/USD 1.0012 and DXY 111.00s and 113.00s. DXY broke the five-year average at 95.00’s last January and traded 1900...
GBP/JPY achieved target at 168.31 from 172.00’s. USD/JPY range 145.84 to 148.77 Vs. actual 148.84 -145.66. Next week: 145.87 – 148.65. Large ranges for USD/JPY; otherwise, nothing special. From the FX...
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break 111.00’s targets...
From the weekly on Sunday: EUR/USD broke 0.9993 and first target at 1.0057 achieved destination, USD/JPY from 147.64 completed target at 148.40. DXY broke below 111.25 and traded to 109.00’s. DXY from...
Currency markets began the week in solid and horrible neutral positions as trading ranges expanded. The outlier to neutral is severely overbought JPY cross pairs and overbought across all JPY pairs....