The AUDUSD is starting the week on stronger footing, benefiting from broad U.S. dollar weakness following Friday’s Moody’s downgrade of the U.S. sovereign credit rating. …
Category: Technical Analysis
The USDCHF is trading weaker to start the week as the U.S. dollar faces broad pressure following Moody’s downgrade of U.S. sovereign credit late Friday. …
The USD is lower to start the trading week as investors sell US stocks, bonds after the Moody’s downgrade of US debt late Friday. The …
Fundamental Overview Gold has been under pressure for a few weeks as the market priced out the stagflationary expectations and repriced the rate cut bets. …
The GBPUSD remains confined to a 68-pip trading range today, narrower than the 22-day average range of 102 pips (about a month of trading). Price …
The NZDUSD continues to trade within a broad sideways range, with buyers and sellers battling around key technical levels. Earlier this week, buyers made an …
The EURUSD remains under pressure after yesterday’s rally was capped by the 200-hour moving average and a swing area that extended up to 1.1275. That …
The AUDUSD continues to face strong resistance at the 200-day moving average, which capped rallies both on Monday and again today at the session high …
The USDCAD moved back above the 200-bar moving average on the 4-hour chart (currently at 1.3957) yeasteray, and found support against it during today’s pullback. …
The USDCHF continues to find sellers near familiar technical levels, with the 38.2% retracement of the March–April decline at 0.8482 acting as firm resistance earlier …