In unison The AUDUSD rally yesterday ran into a firm wall of resistance, as price action stalled within a key swing area between 0.64278 and …
Category: Technical Analysis
The USDJPY extended lower today, breaking beneath a critical swing area between 140.248 and 140.80, but quickly rebounded after testing key technical support. Yesterday’s low …
USDCHF fell sharply yesterday, decisively breaking below its 100-hour moving average (blue line on the chart above) and extending beneath a key swing area defined …
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 …
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 …