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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

German DAX closes at a new record high. Spain Ibex closes at the highest level since 2008

Posted onMay 9, 2025

The German DAX has completed its lap from the March 6 high to the April 7 low and back to the March 6 high. We …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD moves up to 100/200 hour MA targets

Posted onMay 9, 2025

The GBPUSD is extending higher as dollar selling gathers momentum. Stocks are lower with the S&P and Nasdaq indices now down -0.10%. The US yields …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD:If the sellers are to remain in play/in control.This is where sellers need to enter

Posted onMay 9, 2025

EURUSD broke below a key floor area yesterday near 1.1256–1.1265 and is now retesting that level from the underside (see red numbered circles).This area is …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF fails at both ends of its recent range — price remains trapped

Posted onMay 9, 2025

USDCHF remains confined within a well-defined trading range after failed breakout attempts on both sides of a trading range going back April 23rd this week. …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD pushes higher but runs into resistance. Watch the old ceiling for short-term clues

Posted onMay 9, 2025

The Canada’s April 2025 jobs report showed a modest employment gain of 7.4K, beating the 2.5K forecast but coming off a sharp decline of 32.6K …

Technical Analysis
Forex Short News, Technical Analysis

Kickstart the US trading day for May w/ a technical look at the EURUSD, USDJPY & GBPUSD

Posted onMay 9, 2025

In the video above, I take a technical look at the EURUSD, USDJPY and GBPUSD to kickstart the US forex trading day. What levels are …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – Waller’s scenario #2 is playing out. Now what?

Posted onMay 9, 2025

Fundamental Overview The USD got a boost across the board yesterday on positive expectations about the first trade deal that eventually was revealed to be …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD has quite an up-and-down ride

Posted onMay 8, 2025

The Bank of England cut its benchmark rate by 25 basis points, as widely expected, but the surprise came in the vote split. The decision …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD falls below key floor support and the 38.2% retracement

Posted onMay 8, 2025

The EURUSD has also broke to the downside as focus turns to the EU as a potential whipping dog for Trump. Technically, the prices also …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY extends above 200 bar MA on the 4-hour chart

Posted onMay 8, 2025

The USDJPY is pushing higher today, supported by rising U.S. yields and a broader move higher in equities. The 10-year Treasury yield is up 6.2 …

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