Technical Analysis USDCHF moves lower and tests the 100 bar MA on 4-hour chart Posted onAugust 29, 2023 The USDCHF has moved lower with the reversal lower in the USD on the back of the weaker US data today. The move lower has …
Technical Analysis Apple sends invite for September 12 launch event. Stock is up 1.7% Posted onAugust 29, 2023 Apple traditionally has a product launch in the early fall and the invites have gone out. The event will take place on September 12. Shortly …
Technical Analysis USDJPY falls to a cluster of support Posted onAugust 29, 2023 The USDJPY is reversing hard to the downside as yields fall after weaker US data. The 2-year yield is now down -12.2 basis points. The …
Cryptocurrency Bitcoin surges to the upside. What are the technicals telling us now? Posted onAugust 29, 2023 The price of bitcoin surged higher on positive results from a lawsuit between Grayscale and the SEC. The ruling may open the door for ETF’s …
Technical Analysis S&P and NASDAQ trade above their 50 day moving average Posted onAugust 29, 2023 The weaker data has traders thinking the Fed might be on hold going forward. Yields are lower. Stocks are higher. Both the S&P index and …
Technical Analysis EURUSD runs higher after weaker data. Runs up to 200 hour moving average at 1.08472 Posted onAugust 29, 2023 The EURUSD is run to the upside as yields tumble after weaker consumer confidence data and jolts job openings. Consumer confidence fell to 106.1 which …
Technical Analysis AUDUSD tilts bias to the downside as dollar buying pushes the pair below hourly MAs Posted onAugust 29, 2023 The AUDUSD is tilting its short-term technical bias to the downside on a move back below its 100 and 200 hour moving averages. Those levels …
Technical Analysis Kickstart your forex trading day. A technical look at the EURUSD, USDJPY and GBPUSD. Posted onAugust 29, 2023 In this video, I take a technical look at the EURUSD, USDJPY and the GBPUSD. EURUSD: The EURUSD is moving to a new session lows …
Technical Analysis The USD is the strongest and the JPY is the weakest as the NA session begins Posted onAugust 29, 2023 As the North American session begins, the USD is the strongest and the JPY is the weakest. The major currencies are all “scrunched” together with …
Technical Analysis USDJPY Technical Analysis – No sign of a top yet Posted onAugust 29, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options …
Technical Analysis NZDUSD Technical Analysis – Key levels in play Posted onAugust 29, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options …