The NZDUSD moved lower after the RBNZ surprised with a 50 basis point rate cut, opting for the larger move after markets were split between …
Category: Technical Analysis
The USDCHF extended its move higher today, breaking above the 50% retracement of the decline from the August 1 high. That midpoint, coming in at …
The USDCAD entered the new trading day confined to an unusually tight 30-pip trading range, dating back to the start of Friday’s session. Such a …
The USD is trading higher, with USDJPY extending its climb toward the next key target at 153.397, the 61.8% retracement of the range from the …
Fundamental Overview Gold extended the rally into yet another all-time high today as the lack of bearish catalysts keeps the bullish momentum going. The market …
The AUDUSD is pressing to new lows as the North American session closes and the Asian Pacific session begins. The latest drop pushed the pair …
Gold in US dollar terms right now is amazing but in yen terms it’s frightening. Today for the first time it costs 600,000 yen to …
The USDJPY is continuing its run to the upside trading to a new intraday high at 151.11. The next key target comes in at 151.307, …
The USDCHF continues to chop back and forth. Yesterday, the pair rallied only to give back all of its gains, ultimately sliding to a fresh …
The USD is trading higher and at new highs for the three major currency pairs – the EURUSD, USDJPY and GBPUSD – as the North …