Category: Technical Analysis

NZDUSD: The pair moved higher on Tuesday, climbing up to test its 100-day moving average at 0.59595. Sellers leaned against that key level and forced …

AUDUSD: The pair is moving higher following today’s weaker U.S. PPI data, pushing above the July high at 0.66247 and reaching its strongest level since …

Toward the end of last week, USDCAD tested its 100-day moving average near 1.37631 (see post from earlier this week). That technical floor provided support, …

Yesterday, in the USDCHF, the pair fell but found support near the swing area floor between 0.79104 and 0.79209, sparking a bounce that carried the …

The USD initially fell after U.S. PPI data came in softer than expected but has since rebounded as selling momentum faded. The weaker inflation print …

The USD is little changed vs the major currencies with the EUR, JPY, GBP , CHF and CAD all within 0.10% of the unchanged level …

Fundamental Overview Gold extended the gains in the first part of the week after another soft NFP report on Friday. The increase in the dovish …

The EURUSD has slipped to new session lows, breaking back below the prior ceiling from August between 1.1730 and 1.17419. The inability to hold above …

Yesterday the USDCHF moved sharply lower help by a falling US dollar and comments from SNBs Schlegel. He commented that: Negative interest rates would only …