USDCAD is snapping back higher after a stronger jobs report. Buyers back in control
The USDCAD has been trending to the upside since bottoming on October 2 near 1.3472. The momentum over the last…
Category: Technical Analysis
USDCHF this week settles in a higher up and down trading range.
A week ago today, the USDCHF made a break to the upside and out of the “Red Box” that had…
Kickstart the forex day for Oct 11 with a technical look at the EURUSD, USDJPY & GBPUSD
The US PPI data came out and showed the YoY higher than expectations (but the headline was lower than the…
The NZD is the strongest and the CAD is the weakest as the NA session begins
As the NA session begins, the NZD is the strongest and the CAD is the weakest. The USD is stronger…
GBPUSD Technical Analysis – The bearish momentum run out of steam
Fundamental Overview Yesterday, the USD got a boost from a higher than expected US CPI report but gave back the…
USDCAD Technical Analysis – We are near a key resistance
Fundamental Overview Yesterday, the USD got a boost from a higher than expected US CPI report but gave back the…
EURUSD Technical Analysis – The market needs more to extend the USD gains
Fundamental Overview Yesterday, the USD got a boost from a higher than expected US CPI report but gave back the…
USDJPY Technical Analysis – The US CPI fails to trigger a breakout
Fundamental Overview Yesterday, the USD got a boost from a higher than expected US CPI report but gave back the…
AUDUSD trades up and down in trading today with swing areas defining support & resistance.
The AUDUSD fell to – and through the 38.2% retracement of the move up from the August low at 0.67146…
EURUSD moves back below 100 day MA and buyers turn to sellers
The EURUSD moved lower and higher after the US data today, but the run to the upside ran out of…