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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

US CPI sends the USDCHF lower, but there is a limit to the selling

Posted onJune 11, 2025

US headline CPI rose 2.4% y/y in line with some forecasts but below the 2.5% consensus and down from 2.9% prior. Monthly CPI was up …

Technical Analysis
Forex Short News, Technical Analysis

The USD is little changed ahead of US CPI data. What key levels are in play through CPI?

Posted onJune 11, 2025

The US CPI data will be released at 8:30 AM ET with the expectation of 0.2% for the MoM headline and 0.3% for the core. …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY Technical Analysis – All eyes on the US CPI

Posted onJune 11, 2025

Fundamental Overview The USD remains mostly rangebound even though the better than expected NFP report triggered a slightly more hawkish repricing in interest rates expectations …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD at a crossroad: Breakout failure or next leg higher?

Posted onJune 10, 2025

The GBPUSD made a bold push to fresh highs not seen since 2022, but momentum stalled just shy of the critical 50% retracement level from …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD: Buyers in control, BUT a warning sign lingers

Posted onJune 10, 2025

The NZDUSD remains firm helped by hopes for a US/China deal that would help to benefit both countries (presumingly) and give the NZ economy a …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD Bounce: Key MAs in play as bulls/buyers build their case

Posted onJune 10, 2025

After a failed breakdown below the 200-hour MA earlier today that led to a snapback rallly, the EURUSD buyers have reclaimed short-term control on a …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD approaches major resistance: Is a breakout coming?

Posted onJune 10, 2025

Is the AUDUSD setting up for a breakout or a reversal? The chart shows a powerful confluence of resistance just ahead. Tap the video above …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD slips back after failed break above 200-hour MA

Posted onJune 10, 2025

The USDCAD has been under steady pressure since peaking near the 200-day moving average on May 13 near 1.4015. That level capped the corrective rally, …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF stalls below key resistance. Support targets eyed on the downside

Posted onJune 10, 2025

The USDCHF pair continues to respect technical boundaries, with the high price today stalling at 0.82415, just ahead of the key resistance ceiling at 0.8249—a …

Technical Analysis
Forex Short News, Technical Analysis

The USD is mixed vs 3 major currency pairs to kickstart US trading on June 10. What next?

Posted onJune 10, 2025

The USD is little changed and mixed to start the trading day and as the 2nd day of the US/China talks get underway in London. …

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