The USDCAD spent yesterday capped by a confluence of resistance—its 100-day moving average at 1.37738 and the 100-bar moving average on the 4-hour chart (blue …
Category: Technical Analysis
The NZDUSD has dropped to a new low for the day and the trading week following the better-than-expected PPI data. The decline pushed the pair …
The USDJPY reacted to the 200-bar moving average on the 4-hour chart and the broken 38.2% retracement of the 2025 trading range following the U.S. …
The EURUSD broke below both the 100-hour moving average and the broken 61.8% retracement level following the stronger-than-expected PPI data. However, downside momentum stalled as …
The USDCHF is moving higher after stronger-than-expected PPI data showed a 0.9% gain in July. The rally has pushed the price back above the broken …
The PPI data let the cat out of the bag. If tariffs collected are filling the US treasury with $29B per month, that implies a …
The USDJPY moved lower after breaking below a confluence of technical levels. The EURUSD is also lower (higher USD) but off lows after finding early …
Fundamental Overview Crude oil has been on a downward trend ever since the softer than expected NFP report at the beginning of August triggered some …
The price of crude oil extended to the downside in trading today, with the price falling by -$0.52 or -0.82% to $62.65. That is he …
The EURUSD dipped in the early U.S. session, briefly breaking below support at 1.1698–1.1703. The decline extended to 1.1692 before rebounding back above the 1.1703 …