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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD holds support above 100-hour MA as bulls eye December highs

Posted onMay 6, 2025

The AUDUSD continues to exhibit a bullish bias after climbing to its highest level since early December 2024. Buyers have kept the pair supported above …

Technical Analysis
Forex Short News, Technical Analysis

Is the third time a charm? EURUSD buyers take the price above the 200 hour MA

Posted onMay 6, 2025

The EURUSD is trading above its 200-hour moving average (currently at 1.1347) for the third consecutive day. In the previous two attempts, the pair posted …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD presses lower but lacks momentum;key ceilings and moving averages keep lid on gains

Posted onMay 6, 2025

The USDCAD continues to grind lower, posting a series of lower lows over the last 13 days, but downside momentum remains limited. The pair has …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF consolidates in a tight range; pressure builds near key moving averages

Posted onMay 6, 2025

The USDCHF has been trading in a sideways range for the past 10 days, confined within a Red Box defined by support at 0.8195 and …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD continues the upside momentum. Trades into the upper extreme.

Posted onMay 6, 2025

The GBPUSD is showing signs of bullish revival after holding firm against a key support zone. Over the past several trading days, the pair repeatedly …

Technical Analysis
Technical Analysis

The USD is moving lower vs the major currencies. What technical levels are being broken?

Posted onMay 6, 2025

The USD is moving lower vs. the major currencies. The FOMC rate decision is still one day away where they market traders will be interested …

Technical Analysis
Forex Short News, Technical Analysis

Gold Technical Analysis – Focus on the FOMC decision

Posted onMay 6, 2025

Fundamental Overview Gold erased last week’s losses in just a couple of days. It’s unclear what was the catalyst though. I can cite the usual …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY hanging around a cluster of technical levels

Posted onMay 5, 2025

The USDJPY moved lower in early U.S. trading, finding support near the bottom of a swing area between 143.57 and 143.84, while also holding just …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD buyers miss their chance above key MAs; bearish focus builds

Posted onMay 5, 2025

The GBPUSD buyers had their opportunity to reclaim control with a move above the converged 100-hour and 200-hour moving averages (at 1.33238), but momentum stalled, …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD fails at 200-hour MA again; sellers regain short-term control

Posted onMay 5, 2025

The EURUSD attempted to break above its 200-hour moving average at 1.13510 in early U.S. trading, but—just like on Friday—buyers lacked follow-through and momentum quickly …

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