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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – Rangebound price action as we await the first trade deal

Posted onApril 29, 2025

Fundamental Overview Gold got stuck in a range recently as the market is now waiting for the details of the first trade deal, which is …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD moves to a new high going back to February 2022

Posted onApril 28, 2025

The GBPUSD is extended another new high as the stocks move to a close and the day to an end. The pair is extending above …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil settles at $62.05

Posted onApril 28, 2025

The price of crude futures settled down $0.97 or 1.54% to $62.05 pressured by rising supply and tariff-driven growth concerns. Last week, OPEC+ surprised markets …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD tests highs for the year.

Posted onApril 28, 2025

The high price in the GBPUSD last week reached 1.34234. That got within 10 pips of the 2024 high at 1.34334. The high price for …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY falls to new lows. Tests 200 hour MA.

Posted onApril 28, 2025

The USDJPY has broken below the 100-hour moving average and has now extended down to test the next key target — the 200-hour moving average, …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil is trading to new lows. Price is back below its 100 and 200 hour MAs

Posted onApril 28, 2025

Crude oil futures are lower by about $-1.22 or -1.94% at $61.80. The low price today has reached $61.69. The high price is at $63.66. …

Technical Analysis
Forex Short News, Technical Analysis

Nasdaq trades to new lows. Sellers making a play after failing to reach the next target.

Posted onApril 28, 2025

The Nasdaq index is trading at new session lows, down around 200 points or -1.14% at 17,183.96. Earlier in the day, the index reached a …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD moves above the 100 hour MA and runs higher.

Posted onApril 28, 2025

The EURUSD pushed above the 100-hour moving average at 1.1370, a level that had previously stalled rallies twice earlier in the day. After breaking higher, …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD trades to new highs and above a key swing area/MAs

Posted onApril 28, 2025

The AUDUSD is showing resilience by holding above the key 100-hour and 200-hour moving averages, currently clustered around the 0.6388 area. This zone also corresponds …

Technical Analysis
Technical Analysis

GBPUSD extends to new highs. Back in upper extreme from last week.

Posted onApril 28, 2025

The GBPUSD is extending to new highs and in the process is moving into the upper extreme from last week’s trading. That upper extreme comes …

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