Fundamental Overview The bullish momentum has waned this week as traders turned their attention to the US CPI data coming up next week. The soft …
Category: Technical Analysis
Blur your eyes and look at the price action for the AUDUSD, and you see a lot of ups-and-downs. Since mid-April, the price has been …
The USDCAD remains directionless in the short term, trading within well-defined technical boundaries as market participants await a decisive break. On the 4-hour chart above, …
The USDJPY continues to trade with no clear directional bias, reflecting a choppy and indecisive market — a theme that has defined the entire trading …
The EURUSD has slipped to a new session low, pulling back toward the 50% retracement of the move down from the July 1 high, which …
The major US stock indices are opening higher as they shrug off the tariff threats to chips/semiconductors and instead focus on the re-shoring prospects.. They …
The Bank of England cut its benchmark rate by 25 basis points today, but the decision revealed a more divided committee than expected. The final …
Gold Breaks Out. And This Chart Proves Technical Analysis Simplicity Still Works Gold Futures (COMEX: GC1!) just broke out above a key descending resistance line …
The GBPUSD is pushing to a new session high, testing its 100-day moving average at 1.33489 in the process. Last week, the pair slipped below …
The EURUSD is extending gains, breaking above the 50% retracement of the drop from the July 1 high at 1.16098. The move has also cleared …