EURUSD range-bound ahead of election/data/earnings? If so, what does that look like?
The EURUSD has been trending lower since peaking in mid-September. Rates moved higher. The markets seem to be pricing in…
Category: Technical Analysis
USDJPY Technical Analysis – There are no bullish drivers for the JPY
Fundamental Overview The JPY started the week on the wrong foot following the Japanese elections over the weekend where the…
Kickstart the FX trading day for Oct 29 w/a technical look at the EURUSD, USDJPY & GBPUSD
The USD is moving higher in early US trading. Yields continue to extend to the upside. Concerns about a Trump…
What technical levels are in play (and why) to start the US session on October 29?
As the North American session begins, what are the key technical levels in play? and why? EURUSD: The EURUSD moved…
USDCAD 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.…
USDCHF Technical Analysis – The rally in Treasury yields keeps the USD supported
Fundamental Overview The main culprit for the US Dollar strength lately has been the rally in long term Treasury yields.…
Copper Technical Analysis – Is this the time for the breakout?
Fundamental Overview Copper got stuck in a consolidation just above a key support zone as the market failed to rally…
GBPUSD can't keep upside momentum above 200 hour MA.
The GBPUSD buyers had their shot to make a move today. After bouncing off a key support level at 1.2938,…
AUDUSD sellers are in firm control. Price moves down to test 61.8% of move up from August
The AUDUSD closed below its 200-day moving average on Friday at 0.6628. In trading today, the price remains below that…
Alphabet shares fall after on news Meta developed AI search engine to rival Google
Alphabet shares traded to a high today at $168.75 near the open. However, at session highs, the price was also…