The NZDUSD has seen choppy price action today but has rotated back lower and is now testing a key technical level: the rising 200-bar moving …
Category: Technical Analysis
The USDDJPY has raced higher helped by risk-on sentiment and higher US rates. Looking at US yields: hash Hash 2-year yield 4.028%, +8.0 basis points. …
EURUSD moved higher during the European morning session, briefly testing Friday’s high and Wednesday’s low, but sellers stepped in to cap the advance. In the …
The USDCAD is finding upside resistance at the 200-hour moving average (see green line on the chart above), which have done a good job of …
The USDCHF continues to trade in a well-defined sideways range, with traders closely monitoring for a breakout in either direction. On the downside, support is …
The S&P 500 is trading sharply higher, up 83 points (+1.47%) to 5751, as the index tests and briefly moves above the 38.2% retracement of …
GBPUSD remains in a bullish posture on the H4 chart. The next upside targets are located at 1.2988 and 1.30139 which are the highs from …
The USDJPY is trading higher to kick off the new trading day and week, continuing the upside momentum seen last week. The pair ended last …
The EURUSD is starting the new US trading day and week modestly higher. The pair seems to be reacting, at least in part, to easing …
Fundamental Overview The USD appreciated a little the day after the FOMC decision although it seemed more like a technical pullback as the central bank …