The USDCHF surged higher on Wednesday following comments from former President Trump on China and on Fed Chair Powell (he will not be fired… today), …
Category: Technical Analysis
The USD moved higher in the early Asian Pacific session as the ups-and-downs from Pres. Trump continued. He eased rhetoric on China which was the …
Fundamental Overview It looks like gold reached an inflection point yesterday. After a strong rally on Monday, the precious metal erased all the gains and …
The NZDUSD pushed to a new high today—its highest level since November 2024—before stalling near a key swing area between 0.6031 and 0.6045, which also …
The USDCHF has extended above its 200-hour moving average, currently at 0.81653, making it the first of the major currency pairs to break above both …
The EURUSD is moving lower today, helped by a reversal in the recent “Sell the USD” sentiment. U.S. stocks are sharply higher, and Treasury yields …
The US stocks are getting a boost from comments from Treas. Sec Bessent who said that terrible standoff with China is unsustainable, and that he …
In unison The AUDUSD rally yesterday ran into a firm wall of resistance, as price action stalled within a key swing area between 0.64278 and …
The USDJPY extended lower today, breaking beneath a critical swing area between 140.248 and 140.80, but quickly rebounded after testing key technical support. Yesterday’s low …
USDCHF fell sharply yesterday, decisively breaking below its 100-hour moving average (blue line on the chart above) and extending beneath a key swing area defined …