The USDCAD is the largest mover in the market today, down 0.67% with a high-to-low trading range of 114 pips, well above the 22-day average …
Category: Technical Analysis
The AUDUSD started the week on a strong note, breaking above recent resistance to post a new high for 2025 on Monday. However, that bullish …
After attempting to break higher this week, USDCAD buyers continue to come up short at key resistance levels. On Thursday, the pair tried and failed …
The USD moved lower after the data that showed inflation was under control – for now. The trade data saw a big improvement. The personal …
The EURUSD, USDJPY and GBPUSD are trading mixed/modestly changed to start the US session. The big 3 are all trading near MA levels indicative of …
The USDJPY is stretching to a new low and in the process has started to run into the cluster of moving averages defined by the …
The USDCHF tumbled sharply today, breaking decisively lower as U.S. dollar sentiment was hit hard by a combination of weaker-than-expected jobless claims, lower GDP and …
The USDCAD is under pressure, weighed down by a combination of softer U.S. economic data and a court ruling that favors the Canadian dollar. Earlier …
The Initial Jobless Claims (week ending May 24, 2025) rose to 240,000, up from 227,000 the previous week, exceeding estimates of 230,000. This suggests a …
The USD moved higher on the court decision that the Trump Liberation Day tariffs were unconstitutional. However,, after the market digested, the gains were reversed …