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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – The greenback is back

Posted onMay 13, 2025

Fundamental Overview The USD got a boost across the board yesterday as the US-China tariff relief was much better than expected. The market is now …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD Technical Outlook: Sellers Take Control Below 200-Bar MA on 4-hour chart today

Posted onMay 12, 2025

The EURUSD moved decisively lower today after breaking below a key support confluence on the 4-hour chart, which included the 200-bar moving average and a …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil settles at $61.95

Posted onMay 12, 2025

Crude oil futures are settling at $61.95. That is up $0.93 or 1.52%. The high price reached $63.57. The low price was at $61.04. The …

Technical Analysis
Forex Short News, Technical Analysis

Gold on pace for its worst day since November 2024

Posted onMay 12, 2025

The flight into gold is having a tough time today after the weekend news on tariff relief at least for the next 90 days between …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD moves to new lows for day and lowest level since April 14

Posted onMay 12, 2025

The NZDUSD has shifted lower after breaking beneath a key support confluence, including the 200-day moving average at 0.5883 and a price floor near that …

Technical Analysis
Forex Short News, Technical Analysis

European indices close higher. German Dax closes at a new record level.

Posted onMay 12, 2025

Major European indices are closing higher on the day. The German DAX closed at a new all-time high at 23551.54. Spain’s Ibex closed at its …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD stretches above 1.4000 for first time since April 10

Posted onMay 12, 2025

The USDCAD has extended its gains and pushed above the key 1.4000 level, reaching a high of 1.40043. The next upside target comes in at …

Technical Analysis
Forex Short News, Technical Analysis

NASDAQ breaks key moving averages, bullish trend in place

Posted onMay 12, 2025

The NASDAQ Composite Index has broken back above the 200-day moving average (green line on the chart at 18,320.79) and 100-day moving average (blue line …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD Technical Update: Sellers Return After 200-Day MA Rejection

Posted onMay 12, 2025

The AUDUSD attempted a move higher and outside a swing area with a high at 0.64419. However, once again the high price stalled at the …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD moves higher with the dollar strength after US/China tariff suspension

Posted onMay 12, 2025

The USDCAD has moved higher in response to the lower China/US tariffs (or suspension of the tariffs) and the overall USD buying. The price has …

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