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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

The USDCHF’s story remains the same. Price action confined to 0.8794 and 0.8848

Posted onMarch 28, 2025

The technical outlook for NZDUSD remains largely unchanged. Since March 20, price action has been confined to a narrow range between 0.8796 and 0.8850—a seven-day …

Technical Analysis
Technical Analysis

The EURUSD and the GBPUSD are lower after softer data. The USDJPY is lower as well.

Posted onMarch 28, 2025

The EURUSD is lower after weaker German jobs picture and lower inflation in France. The GBPUSD is also lower anc cracking below its 100 hour …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – The JPY gets a boost from higher Tokyo CPI data

Posted onMarch 28, 2025

Fundamental Overview The USD performance has been mixed this week amid general uncertainty ahead of the April 2 tariffs plan announcement. The greenback got a …

Technical Analysis
Forex Short News, Technical Analysis

Banxico delivers rate cut as expected; USDMXN rebound tests key resistance

Posted onMarch 27, 2025

The Bank of Mexico (Banxico) delivered a widely expected 50 basis point rate cut, bringing the benchmark rate down to 9.00% in a unanimous decision. …

Technical Analysis
Technical Analysis

AUDUSD trapped between 100- and 200-hour MAs as traders await breakout

Posted onMarch 27, 2025

The AUDUSD continues to coil between key technical levels, as traders await a decisive breakout. For most of the day, the pair has traded in …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil settles at $69.92

Posted onMarch 27, 2025

The price of WTI crude oil is settling at $69.92. That’s up $0.27 or 0.39%. The high price reached $69.97. The low price was at …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD rally nears key 1.30139 resistance as buyers push trend to new 2025 highs

Posted onMarch 27, 2025

The GBPUSD has been in a steady uptrend since bottoming at 1.20987 on January 13, a low that aligned closely with support levels from September …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD rebounds from 200-day MA as buyers eye break of 100 hour MA and target at 1.0818

Posted onMarch 27, 2025

PS ab The EURUSD opened the day trading down to new lows going back to March 5. Concerns about Trumps auto tariffs sent the pair …

Technical Analysis
Forex Short News, Technical Analysis

Tesla (TSLA) reclaims 200-hour MA as rebound continues, but risks remain

Posted onMarch 27, 2025

Shares of Tesla are sharply in trading today. Shares are currently up $19 or 6.99% of $291. The high price has reached $291.85 while the …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD price coiled between major moving averages as traders eye breakout

Posted onMarch 27, 2025

NZDUSD is currently trapped in a tight range, ping-ponging between key moving averages as traders await a decisive breakout. The 200 bar MA on the …

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