NZDUSD pressing against downside support targets
As the US session works to a close and the Asian Pacific looks to restart, the NZDUSD is pushing the…
Category: Technical Analysis
Kickstart the FX trading for Oct. 16 with a technical look at the EURUSD, USDJPY & GBPUSD
In the kickstart video for October 16, I take a look from a technical perspective at the EURUSD, USDJPY and…
GBPUSD trades back to key natural support at 1.3000
Earlier today, UK September CPI came in at +1.7% year-over-year, below the expected +1.9%, with core CPI at +3.2% versus…
EURUSD trades to new lows and also below the 200 day MA
The ECB meets tomorrow with expectations of a 25 basis point cut. Going into that decision, the EURUSD is moving…
AUDUSD breaks and moves away from key 100-day MA. Sellers in control. What next?
The AUDUSD fell below its 100-day moving average earlier in the Asian session at 0.6694, and after bouncing off a…
USDCHF is stretching above and away from the 38.2% of the move down from July high
The USDCHF is stretching above and away from the 38.2% retracement of the move down from the early July high…
USDCAD finally fell yesterday and near unchanged today but back below 100 hour MA.
The USDCAD finally fell yesterday after nine straight days to the upside. That move higher took the price from 1.34198…
The USD is the strongest and the GBP is the weakest as the NA session begins
As the North American session begins, the USD is the strongest and the GBP is the weakest. In the European…
AUDUSD Technical Analysis – The buyers need to break this key trendline
Fundamental Overview The bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and…
GBPUSD Technical Analysis – The weak UK CPI is not enough for a breakout
Fundamental Overview The bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and…