USDCAD Technical Analysis – Some struggle to break above the key resistance
Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This…
Category: Technical Analysis
EURUSD Technical Analysis – Is this just a pullback or a reversal?
Fundamental Overview It looks like the market is taking some breather after an incredible rally in the US Dollar. This…
USDJPY Technical Analysis – Key levels in play
Fundamental Overview It looks like the market is taking some breather after an incredible rally in the USDJPY pair. This…
USD/CHF Technical Analysis: Key levels to watch in current market dynamics
In the above video, I speak to the technicals that are driving the USDCHF in trading today. Below is a…
NASDAQ index trades near highs. Ping-pongs between hourly moving averages today
The NASDAQ index is trading near session highs as trades look to retest its 50-hour moving average currently at 18418.93.…
The EURUSD buyers are taking back some control from the sellers.
The EURUSD is making a technical break into the close as it moves above its 100-hour moving average for the…
The USDJPY is stretching toward the 200 day MA. BOJ Ueda speaking.
BOJ Ueda is on the wires saying: Optimism over U.S. economic outlook seems to be broadening somewhat We need to…
US 30 year mortgage rises to 6.54% up from 6.44% last week.
The existing home sales yesterday came in weaker. The new home sales data today came in stronger. Existing home sales…
NZDUSD corrects higher today but runs into topside swing area resistance.
Yesterday’s Price Action Yesterday, the NZD/USD followed the USD’s upward momentum, breaking below the swing area support between 0.6031 and…
Buyers in the USDCAD held support. Price moves back higher
The USDCAD experienced a decline in the European and early North American sessions but rebounded strongly after testing support near…