Gold futures are trading at 4,187 during this update, placing the metal directly in bearish territory according to today’s tradeCompass map. The bearish threshold sits …
Category: Technical Analysis
The GBPUSD is moving to the new highs and in the process has now moved above the highs from Monday and Tuesday and the 38.2% …
The AUDUSD has had a volatile up and down trading day after the better than expected jobs report earlier in the day and risk-off flows …
IN the video yesterday, I spoke to the 1.4000 level (see: USD Technicals: The USDCAD has set a floor this eek at 1.4000. That is …
The USDCHF corrected higher in the Asian Pacific session after falling below the natural support at the 0.8000 level yesterday. The corrective move higher saw …
The US yields are higher by about 2 basis points, but the USD is lower vs all the major currencies to start the new day. …
The USDJPY moved higher during the Asian session, breaking above the prior ceiling near 154.47 that had capped gains since late October. Since that breakout, …
IN the kickstart video, I spoke about the EURUSD having resistance against the 1.1594 level, then support against the rising 100 hour moving average. The …
The AUDUSD is trading up and down this week. Today, the buyers made a play but the momentum stalled. More specifically, the AUDUSD tested and …
What you know as a trader is an advantage. For the USDCAD what I know is that this week, there has been willing buyers at …