After bouncing off strong support at 0.5882 on Monday after the weekend risk off selling from the US bombing of Iran over the weekend, the …
Category: Technical Analysis
After two days of sharp declines, the USDCHF plunged to new lows not seen since 2011, breaking below the April low at 0.80388 but only …
Yesterday’s trading in USDCAD was marked by sharp two-way volatility. Early in the session, the pair broke away from the 100 hour MA in the …
In the video above, I take a look at the three major currency pairs – the EURUSD, USDJPY and GBPUSD – from a technical perspective. …
Fundamental Overview The end of the Israel-Iran war caused the geopolitical risk premium to vanish and weighed on gold as the safe haven flows reversed …
The USDCAD followed the USD lower earlier today, but has reversed back to the upside over the last few hours of trading. Technically, the price …
Crude oil prices extended their decline today. The price of crude oil futures are settling down -$4.14 at $64.37. Coupled with yesterday’s decline, two-day decline …
After tumbling lower yesterday, the NZDUSD found solid support near the 0.5882 to 0.5892 swing area, which has consistently acted as a key pivot point …
The price of crude oil is trading to a new session low at $64.41. That takes a price below its 100-day moving average near $65.83. …
The EURUSD has broken to a new high for the month and the year. The price extended above highs from June between 1.1614 to 1.16297. …