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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

USDCAD dips but does not run ahead of press conference

Posted onApril 16, 2025

The Bank of Canada kept rates unchanged. That took the price below the 100 hour moving average of 1.39144, but the low price at 1.3882 …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF continues ups-and-downs but with a lid defined by the 100 hour MA

Posted onApril 16, 2025

The USDCHF has been choppy over the past four trading days, bouncing between support and resistance levels since bottoming near 0.8100 last Friday. The pair …

Technical Analysis
Forex Short News, Technical Analysis

What technical levels are in play for the USDCAD through the BOC rate decision?

Posted onApril 16, 2025

At 9:45 AM ET, the Bank of Canada (BoC) will announce its rate decision (see Adam’s preview here). The outcome is uncertain, with markets split …

Technical Analysis
Forex Short News, Technical Analysis

The USD is lower vs the EUR, JPY and GBP to kickstart the trading in the US for April 16

Posted onApril 16, 2025

The USD is lower versus the three major currencies – the EUR, JPY and GBP.. This video takes a look at the technicals that traders …

Technical Analysis
Forex Short News, Technical Analysis

Technically, the S&P 500 is on the brink between glory and disaster

Posted onApril 16, 2025

After the strong rally triggered by Trump’s pause in the reciprocal tariffs, the S&P 500 hasn’t done much as the price just consolidated below a …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – Risk off returns amid disappointing headlines

Posted onApril 16, 2025

Fundamental Overview The USD remains under pressure against most major currencies although the fundamental backdrop remains unclear. The most popular narrative is that everyone is …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil little changed in trading today for the second consecutive day

Posted onApril 15, 2025

The price of WTI crude oil is settling lower by -$0.20 at $61.33. The current price is trading a little higher at $61.44. Yesterday, the …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD retests 200-day moving average after first break above since October 2024

Posted onApril 15, 2025

The NZDUSD has made a significant technical move today, climbing above the 200-day moving average for the first time since October 9, 2024. This long-term …

Technical Analysis
Forex Short News, Technical Analysis

Amazon is concerned about 3rd party sellers due to tariffs

Posted onApril 15, 2025

Amazon has reached out to its third-party sellers to better understand how the recent U.S. tariffs—particularly those targeting Chinese imports—are affecting their operations. Over 60% …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD rebounds off lows but faces key test at 100-hour MA

Posted onApril 15, 2025

The USDCAD is attempting to stage a recovery after posting a new low yesterday at 1.38278—the lowest level since November 2024. The bounce higher has …

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