USDCAD fell during yesterday’s Asia-Pacific session, breaking below a key swing area between 1.38078 and 1.38499. The initial decline reached a low of 1.37808 before …
Category: Technical Analysis
The USD is correcting/consolidating after sharp declines yesterday on a “Sell America Day” yesterday that saw the US stocks get hit, bond prices move lower …
Fundamental Overview The main theme in the last couple of weeks has been the selling of US assets. Stock, bonds and the US Dollar have …
The USDCAD continued its downward pressure earlier today, breaking below a key swing area between 1.38078 and 1.38499. This zone has been significant, acting as …
USDCHF spent last week consolidating after a sustained move lower that pushed the pair to its lowest level since 2011. The sideways action formed a …
Looking back over time, the 1.3436 level—first reached on March 6, 2022—has consistently acted as a key resistance zone. The market approached this area again …
USDJPY is trading lower today, reflecting broad USD weakness, and has fallen to its lowest level since September 2024. In the process, the pair broke …
The USD is down 1.35% against the EUR today, as U.S. equities decline and bond prices fall. In the process, EURUSD has surged above a …
The ECB cut rates by 25 basis points and the Lagarde press conference is over. A summary by topic of the comments from Lagarde (and …
The AUDUSD continues to trade in a choppy, range-bound market since Tuesday. During the late Asian and early European sessions, the pair found support at …