The EURUSD is trading back to the downsideas sellers leaned early against key resistance levels (near 100 and 200 hour MA) and instead pushed toward …
Category: Technical Analysis
The AUDUSD moved lower yesterday and moved back below the 200 day MA (currently at 0.64608) and the rising 100 hour MA (blue line currently …
The USDCAD is moving higher after a week or so of gradually lower lows, all of which were quickly reversed, signaling that sellers lacked conviction …
The USDCHF continues to consolidate between clearly defined range extremes with resistance near 0.8333 and support at 0.81952. Yesterday’s price action briefly pushed below that …
The Bank of England cut rates by 25 basis points, sending GBPUSD initially lower to the session’s low and briefly breaking below the recent support …
Fundamental Overview The Fed yesterday kept its usual neutral stance and Fed Chair Powell didn’t offer anything in terms of forward guidance citing elevated uncertainty. …
The seller of the USDJPY tried, but the 100 bar MA on the 4-hour chart found support buyers. The low reached 142.89. The inability to …
The NZDUSD is currently trading near a critical technical zone defined by a convergence of major moving averages. The 100-hour MA, 200-hour MA, and the …
The US stocks are heading lower after the Fed decision. The big part of the statement was that “The Committee is attentive to the risks …
Apple’s SVP of Services, Eddy Cue, revealed that search and browser usage declined for the first time in April. In response, Apple is reportedly exploring …