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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – Trump’s announcement weighs on the precious metal

Posted onMay 8, 2025

Fundamental Overview The Fed yesterday kept its usual neutral stance and Fed Chair Powell didn’t offer anything in terms of forward guidance citing elevated uncertainty. …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY sellers tried, the buyers are now making a run.

Posted onMay 7, 2025

The seller of the USDJPY tried, but the 100 bar MA on the 4-hour chart found support buyers. The low reached 142.89. The inability to …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD technical update: Testing a key barometer cluster

Posted onMay 7, 2025

The NZDUSD is currently trading near a critical technical zone defined by a convergence of major moving averages. The 100-hour MA, 200-hour MA, and the …

Technical Analysis
Forex Short News, Technical Analysis

US stocks move lower after Fed decision. Yields lower

Posted onMay 7, 2025

The US stocks are heading lower after the Fed decision. The big part of the statement was that “The Committee is attentive to the risks …

Technical Analysis
Forex Short News, Technical Analysis

Alphabet now down over 7.50%. Comments from Apple’s Cue send the stock tumbling lower

Posted onMay 7, 2025

Apple’s SVP of Services, Eddy Cue, revealed that search and browser usage declined for the first time in April. In response, Apple is reportedly exploring …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD retreats after false breakout above key resistance

Posted onMay 7, 2025

Yesterday, AUDUSD briefly pushed above the 0.6504 swing high from early December 2024, but the breakout failed to gain traction, and the pair has since …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF stalls near resistance – sellers remain in control below the 100/200 hour MAs

Posted onMay 7, 2025

USDCHF continues to trade within a defined range, with price action over the past 11 days capped by a ceiling near 0.8265–0.8277. Momentum above the …

Technical Analysis
Forex Short News, Technical Analysis

US stocks higher but not running on the China news

Posted onMay 7, 2025

The major US indices are trading higher in early US trading. The gains were helped by the US/China meeting news, but the levels are lower …

Technical Analysis
Forex Short News, Technical Analysis

There will not be a new low in the USDCAD today. At least the pattern suggests that result

Posted onMay 7, 2025

Over the past six trading days, USDCAD has followed a pattern of making new lows every other day—last Wednesday, last Friday, and again yesterday (Tuesday). …

Technical Analysis
Forex Short News, Technical Analysis

Kickstart the trading day for May 7 with a technical look at the EURUSD, USDJPY & GBPUSD

Posted onMay 7, 2025

The USD is higher vs the 3 major currency pairs to start the US session (by differing amounts of course). Overnight, it was announced that …

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