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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

EURUSD breaks higher and traded to highest level going back November 2021

Posted onApril 21, 2025

The USD is down 1.35% against the EUR today, as U.S. equities decline and bond prices fall. In the process, EURUSD has surged above a …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD cannot develop any downside momentum after the ECB rate cut

Posted onApril 17, 2025

The ECB cut rates by 25 basis points and the Lagarde press conference is over. A summary by topic of the comments from Lagarde (and …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD stuck in a range, eyes key resistance ahead

Posted onApril 17, 2025

The AUDUSD continues to trade in a choppy, range-bound market since Tuesday. During the late Asian and early European sessions, the pair found support at …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD: Bounces from key support but faces resistance hurdles ahead

Posted onApril 17, 2025

The USDCAD has rebounded after finding firm support in the 1.3827–1.39499 zone, where multiple recent lows have formed a solid base. The pair has pushed …

Technical Analysis
Forex Short News, Technical Analysis

The EURUSD dips below the 100 hour MA. Can more downside momentum follow?

Posted onApril 17, 2025

The ECB cut rates by 25 basis points, as expected, with a unanimous decision. The press conference is set to begin at 8:45 AM ET. …

Technical Analysis
Forex Short News, Technical Analysis

The USD is marginally higher to start US trading session. What are the technicals saying?

Posted onApril 17, 2025

The ECB will announce its interest decision imminently with expectations of a 25 basis point cut. Meanwhile stocks are starting the US session with the …

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – The only game in town during stagflationary times

Posted onApril 17, 2025

Fundamental Overview After a brief consolidation in the first part of the week, gold eventually broke out into a new all-time high and surged by …

Technical Analysis
Forex Short News, Technical Analysis

US stocks close lower but rally modestly into the close

Posted onApril 16, 2025

US stocks are closing mostly lower but rarely modestly into the close. It could’ve been worse: Dow industrial average fell -699.57 points or -1.73% to …

Technical Analysis
Forex Short News, Technical Analysis

US stocks back under pressure w/Nasdaq leading. Nvidia technicals break below hourly MAs

Posted onApril 16, 2025

The tech-heavy NASDAQ index is under heavy pressure today, led by sharp declines in semiconductor stocks. Sentiment has soured following news that Nvidia will take …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD eyes key resistance at 0.6390, Upside breakout possible

Posted onApril 16, 2025

The AUDUSD has extended to a new session high, reaching 0.6388—a level that aligns with swing highs from March 18 and April 4. This area …

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