USDJPY has shown more bullish momentum as the day comes to the end of the week. The USDJPY price has now stretched above the 100-hour …
Category: Technical Analysis
Major US indices have recovered most of their losses. The S&P index is down 6.8 points or -0.11% at 5657 The Dow industrial average is …
Sellers have pushed the EURUSD lower as the day works toward a close in Europe. The low for the week was at 1.0814 yesterday. The …
As London traders prepare to exit, GBPUSD remains in a tight 48-pip trading range, which is just 61% of its average daily range (79 pips) …
The AUDUSD attempted a bullish breakout this week, moving above the 100-day moving average (MA) for the first time since October 2024, but buying stalled …
Yesterday, the USDCHF bounced near lows from earlier this week and last week (near 0.8755). The Swiss National Bank did cut rates by 25 basis …
The USDCAD is trending higher in early U.S. trading, currently testing the 200-hour moving average MA (green line currently at 1.43619), a critical level for …
The USD is marginally changed/mixed vs the major currencies. For the EURUSD, USDJPY and GBPUSD, the pairs are currently trading within 0.16% of unchanged. In …
Fundamental Overview The USD finally got a bit of a boost after the FOMC decision despite the central bank maintaining the status quo. In fact, …
Fundamental Overview The FOMC decision on Wednesday didn’t provide anything new. In fact, the Fed delivered on expectations with no surprises whatsoever. The central bank …