After plunging to new lows this week, AUDUSD has staged a sharp rebound, but the recovery is now testing a key resistance area defined by …
Category: Technical Analysis
After trading within a well-defined red-box range (between 0.8758 and 0.8850) through much of March (see chart above), USDCHF sellers took firm control last week, …
Yesterday, USDCAD moved higher, testing a cluster of key moving averages, including the 100-day MA and the 100-bar MA on the 4-hour chart. Sellers leaned …
The USD is lower vs all the major currency pairs to start the US session. The biggest move is vs the AUD and USD where …
Fundamental Overview The global stock market rout didn’t spare gold as the precious metal fell alongside equities although on a much lesser scale. There’s a …
The US 10-year yield fell sharply earlier in the day, reaching a low of 3.884%, just above Friday’s trough at 3.860%. As equity market losses …
The GBPUSD has moved lower after breaking below its 200-day MA and 38.2% retracement at 1.2812 and 1.2784 respectively. The fall below those technical levels …
USDCHF spiked higher as headline-driven volatility sent yields and the USD surging. However, the upside move met resistance, with price stalling just below the falling …
GBPUSD is pressing to new lows, breaking through a series of key technical levels that had previously offered support: The 200-bar moving average (4-hour chart) …
As the headlines come and go, the EURUSD technicals remain the same. The 100-hour MA continues to hold support. That MA comes in at 1.0931. …