The EURUSD moved into a topside range from back in September/October 2024 yesterday between 1.1001 and 1.1213, and has increased the momentum in trading today. …
Category: Technical Analysis
In my post yesterday, I wrote: The pair is now sliding back toward a cluster of key moving averages on the 4-hour chart — including …
U.S. stocks are trading lower despite a stronger-than-expected jobs report, as market focus has shifted sharply toward escalating trade tensions. China responded to the latest …
USDJPY has been under pressure since yesterday but found buyers near the 144.40–144.52 zone—a key support area that held during the most recent tumble (see …
The USDCHF continues to trade under pressure, sitting near the lower end of the consolidation range that defined price action between August and October 2024 …
The employment data from Canada and the U.S. diverged sharply, with Canada posting a weaker-than-expected jobs report, while the U.S. data came in stronger. This …
Two days after Liberation Day is not looking good for the markets. The USD fell yesterday with the CHF and the JPY leading the way. …
Fundamental Overview The USD sold off hard almost across the board following Trump’s worse than expected tariffs announcement on Wednesday. The market reacted to the …
The AUDUSD made a run higher in early trading, but momentum stalled at a familiar resistance zone — just below the 38.2% retracement of the …
The USDJPY is under pressure after breaking through several critical technical levels, shifting the near-term bias firmly to the downside. The break below the converged …