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…
Category: Technical Analysis
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…
USDCAD consolidates near highs. What next technically for the pair as the new week begins.
The USDCAD is consolidating after reaching new highs going back to August 5. In trading today, the high price extended…
USDCHF sellers push against swing low floor from the end of last week
The USDCHF moved higher early in the Asian session and the momentum higher, moved the price above its 100 day…
Kickstart the FX trading day for Oct 28 w/a technical look at the EURUSD, USDJPY & GBPUSD
EURUSD: Key Levels: 100-hour MA: 1.08014 (current support) 200-hour MA: 1.08244 (current resistance) Recent Price Action: EURUSD moved above 100-hour…
What technical levels are in play to start the US session on October 28?
As the North American session begins, what are the key technical levels and why, are in play? EURUSD: The EURUSD…
Crude Oil Technical Analysis – Israel spares Iran’s energy facilities
Fundamental Overview Crude oil was one of the biggest movers today as the price gapped sharply lower following the Israel’s…
Bitcoin Technical Analysis – Trump or not Trump? That’s the question
Fundamental Overview Bitcoin has been rallying steadily in the last few weeks as Trump winning odds continued to soar in…
Gold Technical Analysis – Rising real yields keep a lid on further gains
Fundamental Overview The bullish momentum in gold weakened recently as the pressure from the rising real yields started to weigh…
USDCHF continues to consolidate near highs. 200 hour MA in play now at 0.8651
The USDCHF continues to consolidate near highs in up and down trading: Key resistance: There is he resistance at the…