The USDCHF moved higher yesterday, reaching its highest level since April 10 with a peak at 0.8310. However, bullish momentum stalled just 23 pips short …
Category: Technical Analysis
USDCAD moved higher on Wednesday, breaking above both its 100- and 200-hour moving averages (blue and green lines on the chart above) —a bullish technical …
The USD is lower vs. the 3 major currency pairs a day after a run lower after Pres. Trump and his administration threw out trial …
Fundamental Overview The USD got a boost from the positive Trump’s comments on China late Tuesday. We saw the bullish momentum holding yesterday but it …
After the major US stock indices tumbled on Monday with declines of -2.5% and greater, the last two trading days have seen solid gains. Today’s …
The AUDUSD is tilting more bearish after falling below its 100-hour and 200-hour moving averages in today’s trading. The break below the 100-hour MA (currently …
The USDCAD has moved higher in the North American session, breaking back above a key swing area between 1.38078 and 1.38499 (highlighted by the red …
The broader US stock indices are trading higher on the day but trading at session lows. The S&P index is up 76.57 points or 1.44% …
The GBPUSD is under pressure once again, with sellers now pushing the pair toward a critical test of the 200-hour moving average (green line), currently …
The EURUSD has moved back below its 200-hour moving average, which currently sits at 1.13919. The initial break occurred during the Asian session following fresh …