The USDCHF has extended above its 200-hour moving average, currently at 0.81653, making it the first of the major currency pairs to break above both …
Category: Technical Analysis
The EURUSD is moving lower today, helped by a reversal in the recent “Sell the USD” sentiment. U.S. stocks are sharply higher, and Treasury yields …
The US stocks are getting a boost from comments from Treas. Sec Bessent who said that terrible standoff with China is unsustainable, and that he …
In unison The AUDUSD rally yesterday ran into a firm wall of resistance, as price action stalled within a key swing area between 0.64278 and …
The USDJPY extended lower today, breaking beneath a critical swing area between 140.248 and 140.80, but quickly rebounded after testing key technical support. Yesterday’s low …
USDCHF fell sharply yesterday, decisively breaking below its 100-hour moving average (blue line on the chart above) and extending beneath a key swing area defined …
USDCAD fell during yesterday’s Asia-Pacific session, breaking below a key swing area between 1.38078 and 1.38499. The initial decline reached a low of 1.37808 before …
The USD is correcting/consolidating after sharp declines yesterday on a “Sell America Day” yesterday that saw the US stocks get hit, bond prices move lower …
Fundamental Overview The main theme in the last couple of weeks has been the selling of US assets. Stock, bonds and the US Dollar have …
The USDCAD continued its downward pressure earlier today, breaking below a key swing area between 1.38078 and 1.38499. This zone has been significant, acting as …