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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

Crude oil settles at $61.99

Posted onApril 4, 2025

The price of WTI crude oil is settling at $61.99 down $4.96 or 7.40%. The price of crude oil was it this week on the …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD falls to new lows and tests the low for the week

Posted onApril 4, 2025

The GBPUSD is trading to a new low for the day and new low for the week. The price has now broken below the low …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD falls sharply today. Price down -3.47%. Largest decline going back to 2012

Posted onApril 4, 2025

The NZDUSD is down -3.47%, marking its largest single-day decline since at least the end of 2012. Even during the height of the 2020 pandemic, …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD gives the sellers a small victory in the short term

Posted onApril 4, 2025

The EURUSD moved into a topside range from back in September/October 2024 yesterday between 1.1001 and 1.1213, and has increased the momentum in trading today. …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD meltdown: Sellers crush support in the biggest drop since 2012

Posted onApril 4, 2025

In my post yesterday, I wrote: The pair is now sliding back toward a cluster of key moving averages on the 4-hour chart — including …

Technical Analysis
Forex Short News, Technical Analysis

NASDAQ index trades down as much as 21.2% from it’s all time high

Posted onApril 4, 2025

U.S. stocks are trading lower despite a stronger-than-expected jobs report, as market focus has shifted sharply toward escalating trade tensions. China responded to the latest …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY caught between key support and resistance as directional bias narrows

Posted onApril 4, 2025

USDJPY has been under pressure since yesterday but found buyers near the 144.40–144.52 zone—a key support area that held during the most recent tumble (see …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF remains under pressure near 2024 consolidation lows

Posted onApril 4, 2025

The USDCHF continues to trade under pressure, sitting near the lower end of the consolidation range that defined price action between August and October 2024 …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD stalls at key resistance after diverging jobs data from Canada and U.S.

Posted onApril 4, 2025

The employment data from Canada and the U.S. diverged sharply, with Canada posting a weaker-than-expected jobs report, while the U.S. data came in stronger. This …

Technical Analysis
Forex Short News, Technical Analysis

A technical look at the EURUSD, USDJPY and GBPUSD ahead of the US jobs report

Posted onApril 4, 2025

Two days after Liberation Day is not looking good for the markets. The USD fell yesterday with the CHF and the JPY leading the way. …

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