The GBPUSD is stretching to a new session low and is now testing a key rising trend line support. This level has helped define the …
Category: Technical Analysis
The USDCAD has moved back above a previously broken trend line on the hourly chart, offering buyers a minor tactical win. However, to build a …
The GBPUSD has moved to a new session low, falling below both the 100-hour (blue line on the chart above) and 200-hour moving averages Pring …
The major US indices are opening a lower. The NASDAQ index is the worst performer with a decline of -0.66% at 19570. That is down …
The USDCHF has moved above its 100-hour moving average at 0.81338, after repeatedly testing and holding below that level late yesterday and earlier today. The …
The US dollar is trading modestly lower against most major currencies to start the day, with one notable exception: it is slightly higher versus the …
Fundamental Overview The USD remains under pressure as the recent economic data came in on the softer side. That weighed on Treasury yields and the …
The EURUSD on Friday moved lower to test the high price from June 5 at 1.14944, and although the price dipped briefly below that level, …
Fundamental Overview Gold recently got a boost from safe haven flows triggered by the Israel and Iran attacks. The market reacted immediately to the first …
The USDCAD is pushing to fresh lows as safe-haven demand for the U.S. dollar fades and rising oil prices provide a tailwind for the Canadian …