After last week’s rally in the AUDUSD stalled at an old upward sloping trend line resistance, the pair has come under renewed selling pressure to …
Category: Technical Analysis
The USDJPY is stretching to the upside. The pair has been weakening after the Pres Trump imposed tariffs on Japan goods including: Broad 25% tariff …
The GBPUSD is stretching to new 3-week lows and lows for the day. The price is also falling below a swing area between 1.3448 and …
The USDCAD surged briefly on early Friday following President Trump’s formal letter to Canadian Prime Minister Mark Carney, announcing a 35% tariff on Canadian imports …
The USDCHF moved up in the early part of the trading day, testing the swing area between 0.7986 and 0.7994, but once again found sellers …
The U.S. dollar is starting the new trading week little changed against the major currencies. Against the euro and the Japanese yen, the greenback is …
Crude oil futures settled at $68.45, up $1.88 or 2.82% on the day. For the week, prices gained $2.13, marking a 3.2% increase. These gains …
The NZDUSD started the week under pressure, with the move lower beginning near the 200-hour moving average, which sat at 0.6061 at the time. Monday’s …
The USDJPY has moved above the 38.2% retracement of the 2025 trading range, measured from the January 10 high to the April 22 low. That …
The EURUSD continues to find solid support in the 1.1663 to 1.1691 zone, a key technical floor that dates back to April–November 2021. The pair …