The break in the USDCAD failed. Reverses higher to 2024 high.
The price of USDCAD fell below its 100-hour moving average currently at 1.39028 (see earlier post). Last week, the price…
Category: Technical Analysis
Break higher in the EURUSD fails…
Earlier today, the buyers in the EURUSD took the price outside the Red Box, that has informed the pair over…
NASDAQ index down over -2.0%.
The NASDAQ index is now down -2.6%. The current prices trading at 182 and a .90-389 points or -2.09%. The…
The USDCAD dips below 100 hour MA. Seller have a win. Yipped. Can they keep control?
The USDCAD has dipped below the 100 hour MA at 1.3900. Last week, the price dipped below the MA but…
What technical levels are in play (and why) to start the US session on October 31
What are the key technical levels in play as the North American session begins? and why? EURUSD: The EURUSD moved…
GBPUSD Technical Analysis – The US Dollar momentum looks exhausted
Fundamental Overview The strong bullish momentum in the US Dollar waned a bit in this final part of the week…
EURUSD Technical Analysis – The pair looks to be bottoming out
Fundamental Overview The strong bullish momentum in the US Dollar waned a bit in this final part of the week…
USDJPY Technical Analysis – We are testing a key support zone
Fundamental Overview The strong bullish momentum in the US Dollar waned a bit in this final part of the week…
NZDUSD Technical Analysis – The greenback continues to dominate
Fundamental Overview The main culprit for the US Dollar strength lately has been the rally in long term Treasury yields.…
GBPUSD pushes back above the 1.3000 level and the 100 bar MA level
The GBPUSD early in the US session retested the low price from Monday’s trade at 1.2938. That level was also…