In the video above, I take a technical look at the EURUSD, USDJPY and GBPUSD to kickstart the US forex trading day. What levels are …
Category: Technical Analysis
Fundamental Overview The USD got a boost across the board yesterday on positive expectations about the first trade deal that eventually was revealed to be …
The Bank of England cut its benchmark rate by 25 basis points, as widely expected, but the surprise came in the vote split. The decision …
The EURUSD has also broke to the downside as focus turns to the EU as a potential whipping dog for Trump. Technically, the prices also …
The USDJPY is pushing higher today, supported by rising U.S. yields and a broader move higher in equities. The 10-year Treasury yield is up 6.2 …
The EURUSD is trading back to the downsideas sellers leaned early against key resistance levels (near 100 and 200 hour MA) and instead pushed toward …
The AUDUSD moved lower yesterday and moved back below the 200 day MA (currently at 0.64608) and the rising 100 hour MA (blue line currently …
The USDCAD is moving higher after a week or so of gradually lower lows, all of which were quickly reversed, signaling that sellers lacked conviction …
The USDCHF continues to consolidate between clearly defined range extremes with resistance near 0.8333 and support at 0.81952. Yesterday’s price action briefly pushed below that …
The Bank of England cut rates by 25 basis points, sending GBPUSD initially lower to the session’s low and briefly breaking below the recent support …