USDJPY Technical Analysis – Consolidation ahead of key data
Fundamental Overview The USD continues to remain supported since the last FOMC decision as the market perceived it as more…
Category: Technical Analysis
Crude oil settles at $73.56
Crude oil futures are settling at $73.56 which is down -$0.40 or -0.54%. The high price today reached $74.96. That…
EURUSD confined in a narrow range after sharp run higher stalls. What next for the pair?
The EURUSD moved sharply higher earlier today helped by the Washington Post article on the Trump tariffs. The news was…
Lots of up and down volatility in USDCAD as politics in Canada and US dominate
The USDCAD has had a volatile trading today as tariff news from Pres.-elect Trump sent the dollar lower and then…
A technical look at the AUDUSD & the NZDUSD. What levels are defining risk, bias & targets
In the video above, I take a look at both the AUDUSD and NZDUSD. Both pairs moved lower into the…
USDCHF swings with the Trump news. Trades between the 100 and 200 hour MAs
The USD/CHF pair experienced a sharp drop following a Washington Post article reporting that Trump is considering global tariffs targeting…
USD moves higher on Trump comment that tariff policy story is wrong
President elect Trump is saying that the Washington Post article on tariffs is wrong and that has led to a…
What is moving the market? What are the technicals for some of the major currency pairs?
A new week begins with the US and Canadian jobs report the highlight.For today, stocks are higher, US yields are…
Gold Technical Analysis – Awaiting the data for the next major move
Fundamental Overview Despite the spike lower triggered by the last FOMC decision, gold didn’t extend the fall and remained confined…
Major US indices snap losing streaks
Major US indices are closing solidly higher and in doing so are snapping multi-day losing streaks. For the Dow Industrial…