Show less
Morning Call: Softer dollar boosts commodities, stocks
21 September 2018 at 7:40 GMT
Morning Call: Markets stabilise as trade tensions ease
20 September 2018 at 8:28 GMT
Morning Call: Chinese shares surge as trade war rages on
19 September 2018 at 8:36 GMT
Today’s FX chart analysis - video
John J Hardy
18 September 2018 at 10:28 GMT
Morning Call: Trump hits China with tariff plan
18 September 2018 at 7:29 GMT
The week ahead in macro
Kay Van-Petersen
17 September 2018 at 8:11 GMT
Macro Monday week 38: Keep Global Macro and Carry On
Kay Van-Petersen
17 September 2018 at 8:02 GMT
Morning Call: US yield curve lifts, boosting dollar
17 September 2018 at 7:23 GMT
Technical analysis webinar – A view of the market: Larsson
Kim Cramer Larsson
12 September 2018 at 14:44 GMT
Morning Call: Chinese shares fall further
11 September 2018 at 8:36 GMT
Morning Call: USD, SEK in focus
10 September 2018 at 7:49 GMT
The week ahead in macro
Kay Van-Petersen
10 September 2018 at 7:37 GMT
Morning Call: Is Japan next?
07 September 2018 at 7:35 GMT
Video / 13 February 2017 at 9:28 GMT

Trading tips week 7 - technical analysis: Kim

James Kim@Saxo
James Kim, sales trader at Saxo Capital Markets, Australia, examines trading strategies during week 7 in a technical analysis of charts for forex, indices, and commodities.

Kim looks at trends in the US dollar index, and pairs including EURUSD and AUDUSD.

He also looks at Nikkei Futures and AUS200.i.
Kim also examines WTI crude oil, copper and gold.

James Kim's technical analysis is featured every Monday on TradingFloor.
Morris Morris
Hi! JK. I made a request of RSI on all the charts sometime ago? On the USD are you short term bull and long term bear and vice versa on the EUR/USD? The two charts looks more inverse of each other? Your Response please?
Saxo Capital Markets (Australia) Saxo Capital Markets (Australia)
Hi Morris, sorry, did you request for the RSI on all the charts I perform an analysis on?

Re. DXY: Currently it is upside corrective. 102.05 needs to clear for cautious outlook to be neutralized as a failure here (or even at 101.51) raises the probability of that H&S reversal speculation. Should my suspicions prove correct, down side targets are ~97 followed by ~95 where an amazing buy opportunity will present itself.

Long term I am bullish the DXY. The moves we saw in Nov / Dec 2016 confirms the direction. I am targeting 109.49 as per my last Week Ahead presentation of 2016.

Re. EURO: If you go back into history and see the tops over the Euro, you notice classical "blow off" tops which signals the top of the range. The recent top in the Euro at 1.0828 does not signal this hence I do think we have one more leg to the topside and watch 1.0942 as a key level for the Euro to fail. A failure here could signal the start of the next higher moves for the DXY. Time will tell.
Morris Morris
That was in November 2016 I made the request. They do not necessarily have to be your focus but one can refer to if needs be. You are talking about possible sHs on USD index and inverse sHs on EUR/USD.
James Kim@Saxo James Kim@Saxo
Apologies if I missed this request. I do use RSI in my analysis however only if its signicicant. I.e. in Sept of 2016 I was highlighting the divergence in the RSI over the USDJPY ( and whilst the market was calling for a sell, the RSI painted a different picture

I actually haven't highlighted an inverse H&S on the EURO actually, where do you see me covering this?
Morris Morris
The Daily graphs of the USD index and EUR/USD suggest potential sHs and Inverse sHs. Unless my imagination is running away with me? Pls look at the graphs more carefully. Thanks


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail