Looking back over time, the 1.3436 level—first reached on March 6, 2022—has consistently acted as a key resistance zone. The market approached this area again …
Category: Technical Analysis
USDJPY is trading lower today, reflecting broad USD weakness, and has fallen to its lowest level since September 2024. In the process, the pair broke …
The USD is down 1.35% against the EUR today, as U.S. equities decline and bond prices fall. In the process, EURUSD has surged above a …
The ECB cut rates by 25 basis points and the Lagarde press conference is over. A summary by topic of the comments from Lagarde (and …
The AUDUSD continues to trade in a choppy, range-bound market since Tuesday. During the late Asian and early European sessions, the pair found support at …
The USDCAD has rebounded after finding firm support in the 1.3827–1.39499 zone, where multiple recent lows have formed a solid base. The pair has pushed …
The ECB cut rates by 25 basis points, as expected, with a unanimous decision. The press conference is set to begin at 8:45 AM ET. …
The ECB will announce its interest decision imminently with expectations of a 25 basis point cut. Meanwhile stocks are starting the US session with the …
Fundamental Overview After a brief consolidation in the first part of the week, gold eventually broke out into a new all-time high and surged by …
US stocks are closing mostly lower but rarely modestly into the close. It could’ve been worse: Dow industrial average fell -699.57 points or -1.73% to …