The USDCAD has seen a rebound today after finding buyers near the swing area between 1.3589 and 1.3594 — a zone that held as support …
Category: Technical Analysis
The USDCHF tried to break lower on Wednesday and again earlier today, but both attempts lacked follow-through. Sellers could not build enough momentum below the …
The EURUSD is coming off the highest level in over 2 weeks ahead of the ECB decision at 8:15 AM ET. The expectation is for …
The drop today sees gold poised for back-to-back daily declines now as investors are focusing on more positive trade developments since yesterday. But amid a …
The major US stock indices are closing session highs. For the S&P and NASDAQ indices, they each closed at record levels. For the Dow industrial …
The GBPUSD is trading to a new session high, breaking above the 50% midpoint of the July trading range at 1.35764. Earlier in the day, …
As I watch the business news, I hear a lot of talk about the overbought condition of the broader U.S. stock indices. And those commentators …
The USDCHF saw a sharp rebound after an earlier failed break below the swing area near 0.79197 in the European morning session, triggering a snap-back …
The GBPUSD is pushing to a new intraday high and is now extending away from the 38.2% retracement of the July trading range, located at …
The USDJPY traded higher but then back down after announcing a trade deal with the US which includes a 15% tariff on Japanese goods coming …