The EURUSD has moved lower, trading to a new low for the new trading week and entering back into a key swing area that was …
Category: Technical Analysis
The GBPUSD continues to trend to the downside as it stretches toward the next target at the 61.8% retracement of the June trading range. That …
The USDCAD fell in the Asian and the early European session, and found strong support at its 200-hour moving average (currently at 1.3632) and the …
The USDCHF found solid footing during the Asian and European morning sessions, bouncing twice off its 200-hour moving average at 0.7952 (see green line on …
The USD is mixed vs the 3 major currency pairs – the EUR (-0.13), the JPY (+0.37%), and the GBP (+0.19%) to kickstart the US/North …
Fundamental Overview The USD remained supported since last Thursday’s US NFP report as the data came out better than expected and triggered a hawkish repricing …
The price of crude oil is settling up $0.93 or 1.39% at $67.93. That comes despite a large and expected production boost announced by OPEC+ …
The NZDUSD is drifting back toward the session low after an earlier bounce from 0.5987. That rebound stalled just below the 200-bar moving average on …
The EURUSD reached its highest level since September 2021 last week, peaking at 1.18266. However, attempts to extend beyond that high faded, with momentum stalling …
After choppy early trading, the USDJPY has shifted into a steady uptrend with minimal corrections. The day began with a dip during the Asian session, …