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Category: Technical Analysis

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD tests the close intraday support at 1.35804 after failing on break to new highs

Posted onJune 12, 2025

The GBPUSD extended higher today, reaching a new high for the year at 1.3622—the highest level since February 2022. This move also pushed the pair …

Technical Analysis
Forex Short News, Technical Analysis

AUDUSD tests key resistance—buyers and sellers battle for control

Posted onJune 12, 2025

The AUDUSD continues to trade within a choppy but technically respectful range. On the 4-hour chart above, price action stalled yesterday after reaching to a …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD under pressure as price breaks key support and enters swing area

Posted onJune 12, 2025

The USDCAD is trading lower on the day, down -0.42%, and has fallen below key technical levels on both the daily and 4-hour charts. On …

Technical Analysis
Forex Short News, Technical Analysis

Gold pushing $3400 and new highs for the month

Posted onJune 12, 2025

Gold is climbing and nearing the $3400 mark. With last week’s high reaching $3403.44 that target is being approached. The current price is trading at …

Technical Analysis
Forex Short News, Technical Analysis

The USD moves lower after the claims/PPI data.

Posted onJune 12, 2025

The USD is lower after the lower PPI data and the higher initial and continuing claims. The weakness in the jobs is a shift from …

Technical Analysis
Forex Short News, Technical Analysis

The USD is lower led by the EURUSD which is breaking to a new 2025 high. What next?

Posted onJune 12, 2025

The EURUSD is racing to new highs as markets react to US policy, and perhaps some recognition that the ECB has done its easing while …

Technical Analysis
Technical Analysis

Gold Technical Analysis – Safe haven flows boost the precious metal

Posted onJune 12, 2025

Fundamental Overview Gold remains mostly rangebound but with a bullish tilt given that in the bigger picture real yields will likely continue to fall amid …

Technical Analysis
Forex Short News, Technical Analysis

NZDUSD test the old ceiling area. Do buyers hold support or sellers make a push lower?

Posted onJune 11, 2025

The NZDUSD continues to trade in a choppy range, and the recent move above the old ceiling between 0.60183 and 0.60284 is showing signs of …

Technical Analysis
Forex Short News, Technical Analysis

GBPUSD is stretching higher and ticks above high from yesterday

Posted onJune 11, 2025

The US yields are moving lower with a 10-year yield now down just under 6 basis points after the successful auction at 1 PM ET. …

Technical Analysis
Forex Short News, Technical Analysis

USDJPY defines the technical levels in play after up and down volatility on US CPI.

Posted onJune 11, 2025

The USDJPY rallied ahead of the US CPI release but stalled after reaching the 50% retracement of the decline from the May high. Once the …

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