The data out over the US today was mostly on the weakest side: Philadelphia Fed nonmanufacturing tumbled to -32.5 from -13.1 last month Consumer confidence …
Category: Technical Analysis
The NZDUSD continues to draw strong support from the 200-bar moving average on the 4-hour chart, currently at 0.5707. Today marked the fourth successful test …
The USDCAD pair encountered firm resistance at the 100-hour moving average, currently near 1.4329, halting the latest bullish push. The inability to break above this …
The USDCHF continues to trade with a bearish bias, failing to sustain upside moves above resistance targets. Yesterday, the price briefly moved above last Thursday …
The USD is lower vs the 3 major currency pairs. The EURUSD is higher after an early European session move to the downside stalled near …
The AUDUSD has seen two-way price action today, with a push lower during the North American session followed by a modest rebound. After falling to …
The NASDAQ index is extending to a new session high with us in our to go in trading. The high price just reached 18182.22. That’s …
The NZDUSD has seen choppy price action today but has rotated back lower and is now testing a key technical level: the rising 200-bar moving …
The USDDJPY has raced higher helped by risk-on sentiment and higher US rates. Looking at US yields: hash Hash 2-year yield 4.028%, +8.0 basis points. …
EURUSD moved higher during the European morning session, briefly testing Friday’s high and Wednesday’s low, but sellers stepped in to cap the advance. In the …