AUDUSD correcting higher after the sharp break and back toward swing area resistance.
The AUDUSD is correcting higher in trading today after the sharp move lower yesterday after the hawkish cut from the…
Category: Technical Analysis
The USDCAD retraces lower but finds support buyers ahead of support target
The USDCAD spiked higher with the overall dollar buying yesterday, and that took the price above a swing high from…
USDCHF backs off and trades between the close support & resistance levels post FOMC spike
The USD/CHF currency pair experienced a sharp upward move yesterday following the FOMC rate decision. The price climbed above the…
Russell 2000 Technical Analysis
Fundamental Overview The Russell 2000 yesterday sold off aggressively following the FOMC decision as the market perceived it as more…
Gold Technical Analysis – The bulls held the line
Fundamental Overview Gold dropped briefly below a key support yesterday following the FOMC decision as the market perceived it as…
Nasdaq Technical Analysis – The dip-buyers enter the market at a key support
Fundamental Overview The Nasdaq yesterday sold off aggressively following the FOMC decision as the market perceived it as more hawkish…
S&P 500 Technical Analysis – Was that an overreaction?
Fundamental Overview The S&P 500 yesterday sold off aggressively following the FOMC decision as the market perceived it as more…
EURUSD moves lower on the more hawkish Fed cut
The EURUSD moved down to test the 50% of the range since 2022. The price moved below that midpoint earlier…
GBPUSD moves below swing area between 1.26598 and 1.2670
The GBPUSD moved lower – USD higher – on the Fed decision and in the process move below a swing…
US stocks falling sharply with the S&P and the Nasdaq now down over 1%
The major stock indices are moving to new lows as the Fed Chair says the call was a closer call…