Fundamental Overview Gold eventually bounced again from the major upward trendline as the lower than expected US inflation figures didn’t trigger a more hawkish repricing …
Category: Technical Analysis
The GBPUSD moved higher today after basing earlier in the week within a lower swing area between 1.3360 and 1.3378. The upside momentum accelerated today …
EURUSD has moved to the 200 hour MA at 1.1667, and the low of swing area between 1.1663 to 1.1691. The swing area not only …
The USDCAD is under pressure in trading today after buyers missed their opportunity to hold the breakout above a key ceiling area during yesterday’s trade. …
The USDCHF pushed higher earlier this week, breaking above the 100-bar MA on the 4-hour chart (blue line) on Tuesday. Aside from Wednesday’s sharp dip …
The USD is lower versus the major currency pairs. In the video above, I take a look at the three major currency pairs – the …
USDCAD pushed sharply higher today after an early Asian-Pacific session test of its rising 200-hour moving average (green line). The rally lifted the pair back …
The USDCHF extended higher today, building on momentum from stronger U.S. data including jobless claims, Philly Fed, and retail sales. The pair pushed above the …
The US dollars higher to kickstart the US session. The biggest gains are versus the commodity currencies with the AUD (+1.09%), CAD (+0.63%), and NZD …
Fundamental Overview Gold continues to lean on the major trendline with the market remaining overall rangebound. The lower than expected Core CPI and Core PPI …