Technical Analysis GBPUSD moves to new high as Europe looks to exit. Key resistance targets approached. The GBPUSD has moved to a new session high as London/European traders look to exit for the day. The price had been inching higher after …
Technical Analysis AUDUSD moved lower after lower Australia CPI. What next through the FOMC rate decision? Posted onJuly 26, 2023 The AUDUSD is lower on the day. The declines were helped by the lower-than-expected CPI data out of Australia last night. That sent the pair …
Technical Analysis GBPUSD traders set the support and resistance levels through the Fed decision. Posted onJuly 26, 2023 The GBPUSD is trading just above the 1.2900 level at 1.2907. That puts the price between the 100-hour moving average below at 1.28604, and the …
Technical Analysis USDJPY trades between the 100/200 hour MA ahead of the Fed decision today Posted onJuly 26, 2023 The USDJPY is trading between its 100 and 200-hour moving averages ahead of the FOMC rate decision at 2 PM ET. The 100-hour moving average …
Technical Analysis The EURUSD is hanging above and below the 50% midpoint of the July range ahead of the Fed Posted onJuly 26, 2023 The EURUSD is hanging above and below the 50% midpoint of the July trading range ahead of the important Fed decision at 2 PM ET. …
Technical Analysis Ethereum Technical Analysis – The bulls are watching these support levels Posted onJuly 26, 2023 Following the news of BlackRock’s submission for a Bitcoin ETF on June 15th, Ethereum mirrored the surge in value of Bitcoin, rallying from the 1620 …
Technical Analysis Bitcoin Technical Analysis – Breakout of the range is a bad omen for the bulls Posted onJuly 26, 2023 After the news of BlackRock filing a Bitcoin ETF on June 15th, we saw the cryptocurrency surging in value going briefly from the 25K level …
Technical Analysis Copper Technical Analysis – Key resistance in sight Posted onJuly 26, 2023 The weakness in the global manufacturing sector and especially in the Chinese economy have been weighing a lot on Copper prices. We had a good …
Technical Analysis WTI Crude Oil Technical Analysis – The bulls are eyeing the key resistance Posted onJuly 26, 2023 The OPEC+ production cuts and the expectations of more economic stimulus in China following the dismal inflation numbers, gave Crude Oil enough strength to break …
Technical Analysis GBPJPY Technical Analysis – A breakout of the range can lead to a big trade Posted onJuly 26, 2023 The BoE surprised with a 50 bps rate hike at the last meeting given the hot employment and inflation reports. At the next meeting, the …
Technical Analysis USDCHF Technical Analysis – The bears are watching a key level Posted onJuly 26, 2023 The miss in the US CPI saw the US Dollar being sold off hard across the board as the market expected the end of the …