The AUDUSD buyers had their shot, but missed. The price moves back toward 200 day MA
In the above video, I speak to the technicals that are driving the AUDUSD in trading today. The buyers had…
Category: Technical Analysis
USDCAD corrects lower after BOC rate cut. A swing low tries to hold support today.
In the above video, I take a technical look at the USDCAD after the 50 bp cut yesterday. That move…
Kickstart the FX trading day for Oct. 24 w/a technical look at the EURUSD, USDJPY & GBPUSD
EUR/USD Technical Analysis On Monday, the pair stalled at the 1.0870 area (100-hour MA and 200-day MA convergence), initiating the…
The key technical levels in play for the major currency pairs for October 24, 2024
The USD is correcting lower today as the North Amercan traders enter for the day. US yields are lower. The…
GBPUSD Technical Analysis – The greenback’s rally takes a breather
Fundamental Overview The USD has been on a hell of a run recently despite the lack of catalysts and no…
Crude Oil Technical Analysis – We completely erased the geopolitical rally
Fundamental Overview Crude oil basically erased the entire rally first triggered by the Iranian missile attack against Israel in the…
Gold Technical Analysis – There are signs of caution for the bulls
Fundamental Overview In recent days, gold has been making new highs despite the lack of bullish catalysts and the rise…
Kickstart the FX trading day for Oct 23 w/a technical look at the EURUSD, USDJPY & GBPUSD
In the kickstart video, I take a look at the 3 major currencies from a technical perspective. The trend is…
AUDUSD reaches the 200 day key target and finds willing buyers. What next?
In the North American morning report, I wrote on the AUDUSD: The AUDUSD is also breaking [lower] and fell below…
USDCHF continues to move higher, but just barely
The USDCHF has been trading higher since September 30, and after breaking outside of the “Red Box” on October 4.…