Identifying the Next Major U.S. Dollar Index Level

ByJamie Saettele June 13, 2020

Scand.Ex is pleased to present the next video with trading analysis by Jamie Saettele, our Chief Technical Analyst.

About Jamie Saettele

Jamie specializes in swing trade setups. His 2008 book, Sentiment in the Forex Market, details trading and analysis techniques that he continues to use. More importantly, his trading education is a result of years of real trade experience.

Jamie played water polo at Bucknell University, garnering all-conference honors in the pool and academic All-America status in the classroom. Serving as Technical Strategist for DailyFX since 2006 and co-founder of SB Trade Desk, he’s conducted technical analysis and trading seminars across the U.S., in London and Barcelona. His forecasts for FX Week have resulted in #1 rankings for 1, 3, and 12-month forecasts, besting the largest banks in the world. He’s been featured in industry magazines including FX Week, Stocks and Commodities and SFO. Jamie received his Chartered Market Technician’s Designation from the Market Technician’s Association in 2009. Jamie started cooperating with Scandinavian Capital Markets for Scandex, a platform made by traders for traders to share knowledge, expertise and market insights.

News and Analysis

Market Update – May 28

ByJamie Saettele May 28, 2020

GBPUSD erased most of yesterday’s rally but I remain constructive. In fact, price found support near the short term trendline that originates at the 5/18 low. I want to see strength above 1.2300 (blue line) before committing capital to the upside again though. In general, this level has been support and resistance for a little over a month.

News and Analysis

Market Update – April 30

ByJamie Saettele April 30, 2020

Wow. I did NOT imagine that the S&P would be back at these levels. As I type in after hours trading, ES is taking out the 2/28 close. Volume on 2/28 was the highest since August 2011 (U.S. debt downgrade). High volume days are important because they represent a ‘vested interest’ at that specific area.

News and Analysis

Market Update 7/7 – EURUSD Testing Key Level

ByJamie Saettele July 8, 2021

FOMC minutes were today and the ECB version is tomorrow. Price is just pips from the noted 1.1770 level (remember that’s a possible bounce level). Price is currently at VWAP from the 2020 low, which was support for the March low. Bottom line, EURUSD is into a zone that could lead to a strong bounce. If reversal evidence arises, then I’ll let you know and look to take action.

News and Analysis

Market Update – August 17

ByJamie Saettele August 17, 2020

Silver made a 2 bar weekly volume reversal last week. Volume reversal logic is explained here. The only other signals with the same volume requirements occurred in December 2010 and April 2011.

News and Analysis

Market Update 5/11 – Watch the Nikkei

ByJamie Saettele May 12, 2021

The Nikkei reached the lower parallel of the Schiff fork mentioned 3 weeks ago. The level is also support from March (3/5 and 3/24 lows). Huge level! A break below would complete a topping process that has been underway since 2/16 (descending triangle). Note that this possible topping pattern has taken place at the upper parallel of the channel from the 2009 low (see monthly chart below).

News and Analysis

EURUSD – Employing the Concept of Symmetry in Channel Analysis

ByJamie Saettele May 29, 2020

Scandinavian Capital Markets is pleased to present a video format of Trading Analysis to empower traders and equip them with the latest updates and first-hand knowledge from leading market experts.

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