The USDCAD broke above a key resistance level at 1.3904 on May 8, marking the end of a multi-week consolidation range. Two days later, the …
Category: Technical Analysis
The USD is mixed, but little changed vs the 3 major currency pairs to kickstart the US session . Looking at the major pairs: EURUSD …
The USDJPY extended its move lower today, breaking decisively below the 200-bar moving average on the 4-hour chart (currently near 144.86) and staying below that …
As markets react to yields rising. The 10 year is up 10.03 basis points while the thirty-year is up 11.4 basis points. The US stocks …
The USDCAD has extended its decline, breaking below a series of key support levels and reinforcing the bearish momentum that has gripped the pair since …
The GBPUSD surged to its highest level since 2022 earlier today, driven by stronger-than-expected UK CPI data that reinforced hawkish rate expectations. The rally took …
The AUDUSD has experienced a choppy four-day stretch, marked by key technical tests on both ends of the range. After dipping to a low of …
The USDCAD remains under pressure, continuing its slide that began last week after the pair tested and failed at the 200-day moving average on two …
The USDCHF has rotated lower today, continuing the decline over the last 6 or so trading days.. The price has returned to a familiar swing …
The GBPUSD moved higher to a new high going back to 2022 after hotter than expected CPI data, but has reversed lower. The pair is …