The USDCHF moved up in the early part of the trading day, testing the swing area between 0.7986 and 0.7994, but once again found sellers …
Category: Technical Analysis
The U.S. dollar is starting the new trading week little changed against the major currencies. Against the euro and the Japanese yen, the greenback is …
Crude oil futures settled at $68.45, up $1.88 or 2.82% on the day. For the week, prices gained $2.13, marking a 3.2% increase. These gains …
The NZDUSD started the week under pressure, with the move lower beginning near the 200-hour moving average, which sat at 0.6061 at the time. Monday’s …
The USDJPY has moved above the 38.2% retracement of the 2025 trading range, measured from the January 10 high to the April 22 low. That …
The EURUSD continues to find solid support in the 1.1663 to 1.1691 zone, a key technical floor that dates back to April–November 2021. The pair …
The USDCAD spiked higher on the tariff news at the start of the day (see the spike higher on the 5-minute chart above). However, the …
The USDCHF continues to struggle with upside momentum, as the pair remains capped below the 0.8000 level, a key ceiling that has held since June …
The GBPUSD has been steadily moving lower in today’s trading. The decline has been fueled by weaker UK economic data and a broader wave of …
The USDCAD moved lower after the stronger-than-expected Canadian jobs data: Canada’s June employment report showed stronger-than-expected job growth, with total employment rising by 83.1K, well …