Crude Oil Technical Analysis – Seems like the market made up its mind
Fundamental Overview Crude oil has been ranging for months between the 67.00 support and the 72.00 resistance as the market…
Category: Technical Analysis
AUDUSD tests 100/200 hour MA target area
The AUD/USD has reached a new low, testing the 200-hour moving average at 0.6225 and the 100-hour moving average at…
EURUSD extends to a new intraday low and approaches a swing area/100 hour MA
The EUR/USD is extending to a new session low, nearing a key support zone between 1.0332 and 1.0343. Within this…
Stronger data sends the US dollar higher. What next technically?
The stronger US data with ISM nonmanufacturing PMI rising to 54.1 from 52.1. The price paid index increase to 64.4…
AUDUSD buyers failed again. Stronger US data sends the pair back down with MAs targeted
The AUDUSD bottomed for 2024 on the very last day of the trading year (which is unique). The price bounced…
USDCAD has a negative bias in the short term. Can the sellers keep control?
The USD/CAD has declined in today’s trading, breaking below the lower boundary of the swing area between 1.4334 and 1.4348.…
USDCHF bounces off swing area support. Tests the 100 hour MA at 0.90742. Key barometer.
Swiss CPI data met expectations today, coming in at -0.1% month-on-month and 0.6% year-on-year. These figures reinforce the dovish stance…
The kickstart video outlining the technicals driving the EURUSD, USDJPY & GBPUSD for Jan 7
The USD is mixed today with the greenback lower vs the EUR, GBP, CAD, AUD and NZD and higher vs…
USDCAD Technical Analysis – We broke out of the range
Fundamental Overview The USD continues to remain supported since the last FOMC decision as the market perceived it as more…
USDCHF Technical Analysis – Status quo ahead of the key US data
Fundamental Overview The USD continues to remain supported since the last FOMC decision as the market perceived it as more…