Matt Fanning

Matt Fanning
Published articles: 10

About Matt Fanning

Matt Fanning is an investor, trader, portfolio manager, retirement planner and software engineer with 10 years of market study, research and investing experience. He currently manages FVAM, the Fanvestments All-Markets Private Equity Fund. His primary strategy is long biased equities, commodities, ag and Forex using options for hedges, alongside a 5-10% options book (long & short). He uses technical and fundamental analysis with a mindset on research, volume/volatility divergences, trend/direction/momentum, fund flows, analyst studies, and current news/events. Matt enjoys partnering with major macro experts and layering that information over his total analysis.

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Latest 10 Articles

In my last article, I noted a possible top in the GBP/USD pair at the 1.62 level, and was possibly seeing a bearish trend start to setup. From 10/21: Within that up-trend, there is some failure occurring within the trend back up to its upper band.

Lately there has been a lot of discussion around if the Pound is topping out against the US Dollar. Looking at the Technicals on the GBP/USD Pair, it is currently within a defined uptrend channel since July, from 1.48, with a current top around 1.62.

Aussie versus the US Dollar is still on an uptrend since the end of August, from .89 to currently at .9472. Short-term immediate support at .9425, and could trade on the long side, with that level as a stop.

Between the Macro events occurring, and the Technicals, the pain trade seems to be lower for the US Dollar. The only bull case I could think of at the moment is that it seems that the sell the dollar trade is starting to get extremely heavy, triggering a short-term reversal.

Gold was off $10 on Monday, currently at 1322 (as of 430 PM EST). Using the 1200 low close and current bottom, Gold recently bounced directly off the 50% retracement level, at 1306, and met resistance at 23.6%, or 1365.

AUD vs. the USD is building a base that if can hold, should setup well for AUD bulls. The pair has made a mid-term bottom at the 90 handle, and within a week has rallied to .95.

Check out pro trader Matt Fanning's analysis of the copper markets to see if there's a trading opportunity for you. Only at DailyForex.com.

Currently at 98.95 (9/16 12PM EST), the Pair is spot on its 50 SMA (98.72), as well at its 38.2% Fibonacci retracement level of 98.83. Get the full analysis here.

Gold has had some wild Macro swings lately, between the Fed “Taper” and Geo-Political issues with Syria. Concentrating on the Technicals, the Precious metal is an important decision phase. Get the full analysis here.

A look at the technical indicators for USD/JPY without the distraction of fundamentals and macro will paint an interesting picture that is certainly worth looking at.

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