USDCHF runs higher after surprise 50 bp cut by the SNB. What next?
The SNB cut rates by 50 basis points to 0.50% from 1.00%, exceeding market expectations of a 25 basis point…
Category: Technical Analysis
AUDUSD has floor support and resistance at the 200 hour MA
The AUDUSD moved to the lowest level since August yesterday and in the process tested the lowest level going back…
USDCAD finds sellers against the highs for the week
The Bank of Canada cut rates by 50 basis points yesterday and the initial reaction was lower (higher CAD). However,…
Kickstart your FX trading for Dec 12 w/ a technical look at the EURUSD, USDJPY and GBPUSD
In the kickstart video, I take a look at the technical levels that are driving the three major currency pairs…
USDJPY Technical Analysis – The JPY weakens on known news
Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week…
Nasdaq Technical Analysis – New all-time high as US CPI hedges get unwound
Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week…
S&P 500 Technical Analysis – Strong rally as hedges into CPI get unwound
Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week…
AUDUSD Technical Analysis – Strong Australian data pushes out imminent rate cut
Fundamental Overview The US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week…
Gold moves up to test swing level from last week of November. Crude oil higher as well.
The price of gold is moving higher and near highs for the day. The price is up $24.61 or 0.92%…
USDCAD bounces back after initial declines failed to reach key targets
The USDCAD moved lower after the Bank of Canada rate decision as the reaction was it was more of a…