Yesterday in a post, I spoke about the messy AUDUSD chart (see post here). The view has not changed much today. It is still messy. …
Category: Technical Analysis
The EURUSD began its upside move last Friday after finding support at the 100-day moving average, which served as a strong base for buyers. That …
The USDJPY has spent this week trading in a well-defined range, bouncing between the 100-bar moving average on the 4-hour chart at 147.90 and the …
The USDCHF moved lower at the start of the week but found willing buyers near the 200 hour MA. Later in the week, the price …
The USDCAD has moved modestly higher after the weaker than expected Canadian jobs report. Employment Change: Actual: -40.8k Expected (Reuters Poll): +13.5k Prior: +83.1k 🟥 …
The USD is higher vs the JPY and little changed vs the EUR and the GBP. In the video above, I take a look at …
Fundamental Overview The bullish momentum has waned this week as traders turned their attention to the US CPI data coming up next week. The soft …
Blur your eyes and look at the price action for the AUDUSD, and you see a lot of ups-and-downs. Since mid-April, the price has been …
The USDCAD remains directionless in the short term, trading within well-defined technical boundaries as market participants await a decisive break. On the 4-hour chart above, …
The USDJPY continues to trade with no clear directional bias, reflecting a choppy and indecisive market — a theme that has defined the entire trading …