USDINR slips below the 100-hour moving average, signaling early signs of weakening bullish momentum. Key support sits at the 89.7900 swing area, with sellers needing …
Category: Technical Analysis
NZDUSD Rides Risk Momentum After Hawkish RBA Decision The NZDUSD is trading higher today, supported in part by strength in its sister currency, AUDUSD, which …
RBA holds rates but signals a hawkish shift, boosting expectations for a potential February rate hike if inflation stays elevated. AUDUSD breaks to multi-month highs, …
The USDCAD rebounds after sharp fall from the stronger jobs report last week. The USDCAD saw an aggressive move lower last Friday after Canada delivered …
The USD is mostly little changed to start the North American session. Looking at the changes vs the USD, the. EURUSD, GBPUSD and USDCHF are …
Crude oil futures settle at $58.88. Down $1.20 or -2.0%. The high price reached $60.30. The low price was at $58.68. Technically, the ups and …
The Reserve Bank of Australia (RBA) is widely expected to keep the Cash Rate unchanged at 3.6% when it announces its decision at 10:30 PM …
The Japan government has downgraded the tsunami warning to a tsunami advisory after the earthquake. The USDJPY has come off the highs that reached 155.98. …
The USDJPY has moved higher after the 7.6 magnitude earthquake struck the East Coast of Aomori Prefecture. Tsunami warnings and advisories are currently in effect …
In the video above, I take a closer look at the USDCHF, which is stretching higher and testing a key resistance swing area between 0.8066 …