The USD is moving lower vs. the major currencies. The FOMC rate decision is still one day away where they market traders will be interested …
Category: Technical Analysis
Fundamental Overview Gold erased last week’s losses in just a couple of days. It’s unclear what was the catalyst though. I can cite the usual …
The USDJPY moved lower in early U.S. trading, finding support near the bottom of a swing area between 143.57 and 143.84, while also holding just …
The GBPUSD buyers had their opportunity to reclaim control with a move above the converged 100-hour and 200-hour moving averages (at 1.33238), but momentum stalled, …
The EURUSD attempted to break above its 200-hour moving average at 1.13510 in early U.S. trading, but—just like on Friday—buyers lacked follow-through and momentum quickly …
The NZDUSD is trading with a bullish tilt after bouncing from its 100-hour moving average, which successfully stalled declines both on Friday and earlier today. …
The AUDUSD is surging higher today and has convincingly broken above its 200-day moving average at 0.6461—a key technical milestone. On Friday, the pair briefly …
The USDCAD continues to trade with a bearish tilt as the 100-hour (1.38197) and 200-hour (1.38394) moving averages act as a ceiling for price action. …
The USDCHF continues to struggle with upside momentum after repeated failures near key technical resistance levels last week. Last week, the pair attempted to break …
The USD is lower to kickstart the new trading day. US stocks are lower. Yields are lower as well. EURUSD: Last week, the EURUSD fell …