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…
Category: Technical Analysis
NASDAQ index soaring and on pace for a new record close
The NASDAQ index is soaring as yields back off. Durable goods were better than expected with ex Boeing numbers showing…
AUDUSD trades below 50% midpoint, and around the 200 day MA
The AUDUSD moved lower earlier this week, and in the process fell below its 100-day moving average at 0.66952. A…
GBPUSD works down toward the 100 day MA and the 100 hour MA
The GBPUSD moved up to test the 200 hour MA (green line) at 1.29986. THe high price reached 1.29977, just…
EURUSD moves back to the 100 hour MA after the push against the 200 hour MA stalled.
The EURUSD moved higher in the early US session and tested its 200-hour moving average currently at 1.08342. Although the…
NZDUSD trades above and below 0.6000
The NZDUSD has moved lower this week, and in the process moved below a swing area between 0.6031 and 0.60387.…
USDCAD buyers hold support. Tests the high for the week. Buyers in control.
The USDCAD continues to consolidate near highs in up and down trading: Key resistance: There is topside resistance at 1.38643…
Kickstart the FX trading day for Oct 25 w/ a technical look at the EURUSD, USDJPY & GBPUSD
In the kickstart video, I take a technical look at the three major currency pairs – the EURUSD , USDJPY…
The key technical levels in play for the major currency pairs for October 25
TGIF. The USD is mixed in early US trading as the market prepares for US durable goods data at 8:30…
AUDUSD Technical Analysis – We are at a key support level
Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This…