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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD trades to new highs for day, and year. Trades at highest level since January 2022

Posted onJune 24, 2025

The GBPUSD is trading above the 2025 high at 1.36314 and also above the February 2022 high at 1.3644, with the most recent peak reaching …

Technical Analysis
Forex Short News, Technical Analysis

The USDJPY is moving lower as fed Chair Powell Q&A testimony begins

Posted onJune 24, 2025

The USDJPY is moving to new lows as the question and answer session on Capitol Hill begins. Fed chair Powell said that he could see …

Technical Analysis
Forex Short News, Technical Analysis

Bearish pressure below key technical levels for the USDCAD near 1.3722

Posted onJune 24, 2025

The USDCAD is seeing bearish pressure after failing to hold above the 50% retracement level near 1.37782 yesterday. That failure shifted the bias from bullish …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF sellers push the pair toward the recent lows for the year. 14 year lows in reach..

Posted onJune 24, 2025

The USDCHF is continuing his rotation to the downside after falling sharply yesterday on hopes for peace in the Middle East, lower rates, and some …

Technical Analysis
Forex Short News, Technical Analysis

Fed Chair Powell Testifies, Dollar Falls post Israel-Iran Ceasefire

Posted onJune 24, 2025

The US dollar is lower versus the major currency pairs after the cease-fire announcement between Israel and Iran late yesterday. In this video I take …

Technical Analysis
Forex Short News, Technical Analysis

S&P 500 Technical Analysis – The path of least resistance remains to the upside

Posted onJune 24, 2025

Fundamental Overview The S&P 500 is approaching the all-time highs supported by two recent catalysts. The first one came from Fed’s Bowman who delivered dovish …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – Fed’s Bowman and de-escalation weighed on the US dollar

Posted onJune 24, 2025

Fundamental Overview The US dollar yesterday got bid across the board in the European session with no strong fundamental background which suggested that it could …

Technical Analysis
Forex Short News, Technical Analysis

Major US stock indices close near highs.

Posted onJune 23, 2025

The major indices in the US are closing just off the highs for the day as the market weathers the storm from the US entering …

Technical Analysis
Forex Short News, Technical Analysis

Kiwi rebound off 0.5882 extreme revives NZDUSD bulls

Posted onJune 23, 2025

The overnight washout on the back of the US involvement in the Iran/Isreali conflict, sent the NZDUSD sharply lower. The tumble sent the pair into …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY buyers fumble at 38.2 % retracement and rotates back to a swing area.

Posted onJune 23, 2025

After briefly poking above the 38.2 % retracement of the December–April decline (147.11), USDJPY couldn’t hold the gain. The failed break flipped intraday sentiment and …

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