The price of June crude oil futures are settling down -$0.13 or -0.21% at $62.56. The high price reached $63.17. The low price was at …
Category: Technical Analysis
When I analyze a chart, I look for technical levels that “do their job”—levels where the market consistently reacts. On the 10-year yield chart above, …
The GBPUSD has reestablished a short-term bullish bias after a failed downside break last week. During that break, sellers had their shot as price moved …
The EURUSD continues to trade within a well-defined range, with price action capped once again at the resistance zone between 1.1265 and 1.1275—a level that …
The NZDUSD is currently caught in a technical stranglehold, with price action confined between a dense cluster of key moving averages across multiple timeframes. On …
The USDCHF is trading with a modest bearish tilt in the short term, as price remains capped below a key confluence zone around 0.8363. This …
The USDCAD continues to trade in a narrow consolidation range, with price action toggling above and below the 100-hour (1.39607) and 200-hour (1.39501) moving averages …
The USD is little changed vs the EUR (-0.05%), JPY (-0.17%), and GBP (-0.06%) to start the US trading session. The USD is also marginally …
The EURUSD attempted a move higher earlier today but failed to sustain a break above the key swing area between 1.1265 and 1.1276. This zone, …
The USDCAD is under pressure to start the new trading week, with sellers regaining more control following last weeks rejection of the 200-day moving average …