The USDCAD spiked higher on the tariff news at the start of the day (see the spike higher on the 5-minute chart above). However, the …
Category: Technical Analysis
The USDCHF continues to struggle with upside momentum, as the pair remains capped below the 0.8000 level, a key ceiling that has held since June …
The GBPUSD has been steadily moving lower in today’s trading. The decline has been fueled by weaker UK economic data and a broader wave of …
The USDCAD moved lower after the stronger-than-expected Canadian jobs data: Canada’s June employment report showed stronger-than-expected job growth, with total employment rising by 83.1K, well …
The USD is higher to start the US session vs the EUR, JPY and GBP. The EURUSD has seen down and up price action, erasing …
Fundamental Overview Gold remains rangebound as the focus turns to the US CPI report due next Tuesday. The NFP put a lid on further gains …
The NZDUSD reached a low of 0.6030 last week. On Monday, the pair broke below that level with downside momentum, only to rebound on Tuesday …
The USDJPY moved lower during the early Asian session, with some pressure coming from broad dollar selling after a Wall Street Journal article highlighted growing …
The EURUSD is under pressure and extending to the downside, falling to new lows not seen since June 26. That date marked a bullish breakout …
The AUDUSD remains confined to a choppy, back-and-forth range, though with a slightly bullish tilt following this week’s Reserve Bank of Australia (RBA) decision. The …