The GBPUSD started the day by making a new high for the year during the early Asian session, but risk-off flows following an Israeli strike …
Category: Technical Analysis
Israel struck Iran with military action on their nuclear facilities and an ballistic military factories along with military leaders. That sent the US dollar higher. …
Fundamental Overview The USD got under some renewed pressure this week following some soft US data. In fact, we got lower than expected US CPI …
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 …
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 …
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 …
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 …
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 …
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 …
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 …