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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

EURUSD moves to new lows as tariff talks yield little

Posted onApril 15, 2025

The EURUSD extended modestly to a new session low as EU officials indicated that tariffs are likely to stay in place amid limited progress in …

Technical Analysis
Forex Short News, Technical Analysis

The USDCAD is trading near lows going back to November.What is needed to tilt bias higher?

Posted onApril 15, 2025

The USDCAD broke below its 200-day moving average for the first time since October 2024 last week. That key technical level, currently at 1.3999 (effectively …

Technical Analysis
Forex Short News, Technical Analysis

The USDCHF broke to a new low going back to 2011 last week. Where does the pair stand now?

Posted onApril 15, 2025

The USDCHF extended its decline last week, breaking to fresh lows not seen since 2011. In doing so, the pair decisively moved below a major …

Technical Analysis
Forex Short News, Technical Analysis

The USD is mixed vs major currency pairs – the EUR, JPY and GBP. What next technically?

Posted onApril 15, 2025

The US stock market is little changed. The US yields are higher by about 3-4 basis points after falling by 10 or so basis points …

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – The most crowded trade

Posted onApril 15, 2025

Fundamental Overview As the stock markets around the world bottomed, the pressure on gold eventually waned and the precious metal rallied strongly into new all-time …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD stretches toward highs and the highs for the year

Posted onApril 14, 2025

The GBPUSD trading and 1.3194. That’s within six pips of the high for the day at 1.3200. The high price for the year is also …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD remains confined but above key support

Posted onApril 14, 2025

The EURUSD surged to its highest level since February 2022 on Friday, reaching a peak of 1.1473. That high came up just short of the …

Technical Analysis
Forex Short News, Technical Analysis

Gains and US indices are eroding. NASDAQ index now back below its 100 hour MA and negative

Posted onApril 14, 2025

The NASDAQ index gap higher and in doing so gapped above its 100 hour moving average (blue line on the chart above). The high price …

Technical Analysis
Forex Short News, Technical Analysis

Copper snaps back higher after sharp fall last week stalled at a swing area

Posted onApril 14, 2025

It wasn’t long ago—back on March 26—that copper surged to a new all-time high of $5.37 (see post here). Since that peak, however, the price …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD at risk of “doing it again” — another failure at the 100-day MA?

Posted onApril 14, 2025

The AUDUSD is once again flirting with its 100-day moving average, currently near 0.62917, and the risk is that history repeats. The last two breaks …

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