The AUDUSD has been trending higher over the past week, supported by renewed optimism over improved U.S.–China relations. Hints that China may resume buying U.S. …
Category: Technical Analysis
The USD is higher vs the major currency pair – the EURUSD, USDJPY and the GBPUSD. The move vs the GBP is the greatest with …
The EURUSD saw a sharp decline earlier today after an attempted break above the key 100-day moving average at 1.1663 failed to hold. The rejection …
If I’m putting on my gold technical analysis cap, then this chart is probably the right way to look at it. We had a near–parabolic …
The AUDUSD rallied strongly yesterday, lifted by renewed optimism surrounding a potential US-China trade resolution. That momentum initially carried over into today’s Asian session, with …
The GBPUSD continued its slide in the US session, extending the losses that began earlier in European trading. The move lower has now carried the …
The USDCAD spent much of yesterday consolidating within a familiar swing area between 1.3968 and 1.3975 — a zone that has proven technically significant in …
The USDCHF started the new trading day on a soft note, moving lower during the Asian session and, in the process, breaking below its 200-hour …
The JPY is higher vs the USD by 0.54% as Pres. Trump and new PM Takaichi announced a number of trade measures to promote cooperation. …
EURUSD: The buyers are more in control in the EURUSD. In the video below, I show why and what is needed to keep them in …