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Technical Analysis
Forex Short News, Technical Analysis

USDCHF bounces from key support and tests overhead resistance

Posted onMay 22, 2025

The USDCHF found solid support yesterday at a key swing area near 0.81931 to 0.82120, a zone that had previously acted as a launchpad during …

Forex Short News
Forex Short News

US May S&P Global flash services PMI 52.3 vs 50.8 expected

Posted onMay 22, 2025

Prior was 51.4 Manufacturing 52.3 vs 50.1 expected — best one-month jump since June 2022 Prior manufacturing was 50.7 Composite 52.1 vs 51.2 prior rise …

Forex Short News
Forex Short News

US stock futures flat. Urban Outfitters upbeat on the consumer

Posted onMay 22, 2025

Stocks appear to be keying off the dip in Treasury yields. S&P 500 futures are now flat after a 30 point round trip in negative …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD bounces. Price remains in up-and-down low area

Posted onMay 22, 2025

The USDCAD broke above a key resistance level at 1.3904 on May 8, marking the end of a multi-week consolidation range. Two days later, the …

Forex Short News
Forex Short News

May Belgium business confidence -13.5 vs -14.0 expected

Posted onMay 22, 2025

Prior was -14.7 This is a leading indicator. This article was written by Adam Button at www.forexlive.com.

Forex Short News
Forex Short News

US dollar firms after initial jobless claims, 30-year yields can’t crack 2023 high

Posted onMay 22, 2025

The US dollar found some modest bids after initial jobless claims edged lower. The reading of 227K was slightly below the 230K consensus and 229K …

Forex Short News
Forex Short News

US initial jobless claims 227K vs 230k estimate

Posted onMay 22, 2025

Prior week initial jobless claims 229K Initial jobless claims 227K vs 230K estimate 4 week moving average initial jobless claims 231.5K vs 230.5K last week …

Forex Short News
Forex Short News

Canada April producer price index -0.8% m/m vs -0.5% expected

Posted onMay 22, 2025

Prior was +0.5%) PPI y/y % vs 4.7% prior Raw materials price index -3.0% m/m vs -1.0% prior Raw materials price index -3.6% y/y vs …

Technical Analysis
Forex Short News, Technical Analysis

The USD is little changed to start the US session. What does the recent price action say?

Posted onMay 22, 2025

The USD is mixed, but little changed vs the 3 major currency pairs to kickstart the US session . Looking at the major pairs: EURUSD …

Forex Short News
Forex Short News

Fed’s Waller: If tariffs are closer to 10%, then economy is good shape for 2H

Posted onMay 22, 2025

Markets are watching fiscal policy and have concerns. Markets are looking for more fiscal discipline. Fed won’t buy bonds in primary auctions. Hard data shows …

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