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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD retreats after false breakout above key resistance

Posted onMay 7, 2025

Yesterday, AUDUSD briefly pushed above the 0.6504 swing high from early December 2024, but the breakout failed to gain traction, and the pair has since …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF stalls near resistance – sellers remain in control below the 100/200 hour MAs

Posted onMay 7, 2025

USDCHF continues to trade within a defined range, with price action over the past 11 days capped by a ceiling near 0.8265–0.8277. Momentum above the …

Technical Analysis
Forex Short News, Technical Analysis

US stocks higher but not running on the China news

Posted onMay 7, 2025

The major US indices are trading higher in early US trading. The gains were helped by the US/China meeting news, but the levels are lower …

Technical Analysis
Forex Short News, Technical Analysis

There will not be a new low in the USDCAD today. At least the pattern suggests that result

Posted onMay 7, 2025

Over the past six trading days, USDCAD has followed a pattern of making new lows every other day—last Wednesday, last Friday, and again yesterday (Tuesday). …

Technical Analysis
Forex Short News, Technical Analysis

Kickstart the trading day for May 7 with a technical look at the EURUSD, USDJPY & GBPUSD

Posted onMay 7, 2025

The USD is higher vs the 3 major currency pairs to start the US session (by differing amounts of course). Overnight, it was announced that …

Technical Analysis
Forex Short News, Technical Analysis

Ethereum Futures Analysis. Breakout May Happen Soon!

Posted onMay 7, 2025

Ethereum Futures (Micro ETH – MET) Analysis for May 7, 2025 Ethereum futures have been consolidating within a clearly defined range over the past few …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – Will the Fed push back against the dovish pricing?

Posted onMay 7, 2025

Fundamental Overview The USD came under pressure again this week as some disappointing headlines on the tariffs front hit the sentiment. The de-escalation continues though …

Technical Analysis
Technical Analysis

AUDUSD knocking on 0.6500 level.

Posted onMay 6, 2025

The AUDUSD found support today at 0.6437, holding within a key swing area between 0.6427 and 0.6442. The rebound during the early U.S. session lifted …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD tests key swing area resistance as buyers push higher after holding MA support

Posted onMay 6, 2025

The NZDUSD is pushing toward the top of a key swing area, testing resistance near 0.6000, which sits just below the 2024 high. This marks …

Technical Analysis
Forex Short News, Technical Analysis

The S&P and Nasdaq indice bounce near 50-hour MAs. Buyers still holding short-term control

Posted onMay 6, 2025

Both the S&P 500 and Nasdaq indices came under modest selling pressure today, but buyers stepped in near key technical support, helping to stabilize the …

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