EURUSD lower on the day and below the 50% midpoint of the range since 2022
The EURUSD moved higher on Friday but stalled at 1.0446. That was just short of a swing level on the…
Category: Technical Analysis
USDCHF rallies to key retracement last week and sold off. Today the bias is back higher.
The USDCHF moved higher last week but found willing sellers near the 38.2% of the range from the 2022 high…
GBPUSD rally on Friday stalled at key swing area ceiling and sellers pushed lower today
The GBP/USD rallied on Friday after sharp declines on Thursday, driven by the BOE’s dovish rate decision, where three members…
USDJPY outlook: Key levels to watch after pullback
The USD/JPY moved lower on Friday after reaching its highest level since July 18, 2024. The pair hit a high…
Market Recap: U.S. stock indices rise today, but close with weekly losses
The major U.S. stock indices ended the day with gains of 1% or more for all three major benchmarks, but…
GBPUSD breaks higher. The next key target area between 1.2596 and 1.26147
The GBP/USD has extended its recovery after reaching its lowest level since May 10, with the decline bottoming out at…
USDCHF reaches its 200 hour MA and swing area target
The USDCHF fell below its 100 hour moving average, swing area and upward sloping trendline near 0.8956. That tilted the…
EURUSD testing the 100 hour MA and near a key swing area
The EURUSD is stretching higher and it has now broken back above the November 26 swing low at 1.0442 and…
The USDCHF has fallen below the 100H MA, trendline support and swing area support @ 0.8956
Summary 📉 Key Break Below 0.8956: The USDCHF dropped below significant resistance levels, including the 100-hour moving average, previous highs,…
Lots of balls in the air moving markets with the US government getting in the act today.
THE VIDEO is COMING. In the video above and focus on the technicals that are driving the three major currency…