Early downside move tests key support The USDJPY moved lower during the Asia-Pacific session, briefly breaking below the 200-bar moving average on the 4-hour chart …
Category: Technical Analysis
The NZDUSD moved higher last week, and in the process extended above its 100-day moving average, signaling an improvement in the near-term technical picture. The …
The AUD/USD currency pair faced immediate selling pressure during early Asian-Pacific trading today, drifting lower to test the resolve of the bulls. This decline brought …
The broader U.S. stock market is moving lower, with the NASDAQ leading the downside as selling pressure builds across growth and technology shares. The recent …
The USDCAD is little changed in up and down trading to start the new trading week. BoC Decision: Last week the BOC held rate at …
The USD is lower to start the new trading week – a week that has a number of different central bank decisions as well as …
A Week of Two Halves The USDJPY has settled the North American session marginally higher on the day, capping off a week defined by up-and-down …
Bullish Momentum Extends for a Third Week The AUDUSD moved higher for the third consecutive week, extending to its highest level since September 17th. This …
A Strong 3-Week Recovery The NZDUSD is up for the third week in a row after bottoming on November 21 at 0.55758. The move to …
SNB Policy: Rates on Hold, “Expansive” Stance Remains The Swiss National Bank (SNB) kept rates unchanged earlier this week at 0.0%. Following the decision, comments …