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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

European indices close higher. German Dax closes at a new record level.

Posted onMay 12, 2025

Major European indices are closing higher on the day. The German DAX closed at a new all-time high at 23551.54. Spain’s Ibex closed at its …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD stretches above 1.4000 for first time since April 10

Posted onMay 12, 2025

The USDCAD has extended its gains and pushed above the key 1.4000 level, reaching a high of 1.40043. The next upside target comes in at …

Technical Analysis
Forex Short News, Technical Analysis

NASDAQ breaks key moving averages, bullish trend in place

Posted onMay 12, 2025

The NASDAQ Composite Index has broken back above the 200-day moving average (green line on the chart at 18,320.79) and 100-day moving average (blue line …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD Technical Update: Sellers Return After 200-Day MA Rejection

Posted onMay 12, 2025

The AUDUSD attempted a move higher and outside a swing area with a high at 0.64419. However, once again the high price stalled at the …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD moves higher with the dollar strength after US/China tariff suspension

Posted onMay 12, 2025

The USDCAD has moved higher in response to the lower China/US tariffs (or suspension of the tariffs) and the overall USD buying. The price has …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF Technical Update: Price extends higher after breaking out of consolidation

Posted onMay 12, 2025

The USDCHF has made a notable technical breakout, moving above a key consolidation area and extending higher toward retracement resistance. On the hourly chart, the …

Technical Analysis
Forex Short News, Technical Analysis

The USD moves higher after suspension of US/China tariffs. Stocks higher. USD higher.

Posted onMay 12, 2025

The United States and China have agreed to a 90-day suspension of their tariffs, with the U.S. reducing tariffs on Chinese goods from 145% to …

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – Positive trade talks weigh on the precious metal

Posted onMay 12, 2025

Fundamental Overview Gold ended the last week negatively, as first the positive expectations for the US-UK trade deal, and then for the US-China talks over …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD holds support but faces key moving average resistance

Posted onMay 9, 2025

Earlier this week, AUDUSD broke above a key swing area and the upper boundary of a consolidation range dating back to April 15, moving as …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD sellers make a move but fail on the break

Posted onMay 9, 2025

NZDUSD attempted a downside break today, falling below key swing support and the 200-day moving average 0.58836, but after reaching a low of 0.5869, the …

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