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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

The big moves in the stocks continue. NASDAQ is the biggest gainer

Posted onApril 23, 2025

After the major US stock indices tumbled on Monday with declines of -2.5% and greater, the last two trading days have seen solid gains. Today’s …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD dipping below 200 hour MA

Posted onApril 23, 2025

The AUDUSD is tilting more bearish after falling below its 100-hour and 200-hour moving averages in today’s trading. The break below the 100-hour MA (currently …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD extends to the upside

Posted onApril 23, 2025

The USDCAD has moved higher in the North American session, breaking back above a key swing area between 1.38078 and 1.38499 (highlighted by the red …

Technical Analysis
Forex Short News, Technical Analysis

Stocks still higher but trading at session lows

Posted onApril 23, 2025

The broader US stock indices are trading higher on the day but trading at session lows. The S&P index is up 76.57 points or 1.44% …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD dips back toward the 200 hour MA

Posted onApril 23, 2025

The GBPUSD is under pressure once again, with sellers now pushing the pair toward a critical test of the 200-hour moving average (green line), currently …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD breaks below 200 hour MA

Posted onApril 23, 2025

The EURUSD has moved back below its 200-hour moving average, which currently sits at 1.13919. The initial break occurred during the Asian session following fresh …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF rally stalls at key Fibonacci resistance after Trump-Powell boost

Posted onApril 23, 2025

The USDCHF surged higher on Wednesday following comments from former President Trump on China and on Fed Chair Powell (he will not be fired… today), …

Technical Analysis
Forex Short News, Technical Analysis

Trump’s Trade Rhetoric: Tariffs, Tensions, Market Volatility send the dollar up then down

Posted onApril 23, 2025

The USD moved higher in the early Asian Pacific session as the ups-and-downs from Pres. Trump continued. He eased rhetoric on China which was the …

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – Have we reached an inflection point?

Posted onApril 23, 2025

Fundamental Overview It looks like gold reached an inflection point yesterday. After a strong rally on Monday, the precious metal erased all the gains and …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD corrects lower after reaching 2025 high but work to do to give sellers more control

Posted onApril 22, 2025

The NZDUSD pushed to a new high today—its highest level since November 2024—before stalling near a key swing area between 0.6031 and 0.6045, which also …

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