The NZDUSD continued the fall that started last week after the RBNZ rate cut. What next?
The NZDUSD traded to the highest level in 2024 just last week (eight trading days ago). The high price reached…
Category: Technical Analysis
EURUSD extends to a new low and stretches toward the 100 day MA
The EURUSD has moved to a new session low, and in the process, the pair moved to a new low…
NASDAQ index within 2% of it's all time high closing level
The NASDAQ index is now trading up over 113 points or 0.62% at 18295.69. The high price reached 18299.22. That…
Sellers in the AUDUSD are looking to increase the bearish bias. What does that look like?
The AUDUSD is moving lower after testing a key resistance area between 0.67429 and 0.6760. Sellers leaned against the high…
USDCAD buyers making a play with a break above and away from 100 day moving average
The USDCAD extended above its 100-day moving average yesterday, but by the end of the day was trading back below…
The kickstart video for Oct 9 looks at the technicals that drive the three major FX pairs
IN the kickstart video above for October 9, I take a look at three the major currency pairs, the EURUSD,…
The USD is the strongest and the NZD is the weakest as the NA session begins
As the North American session is started the USD is the strongest of the major currencies and the NZD is…
GBPUSD Technical Analysis – Rangebound price action ahead of the US CPI
Fundamental Overview The USD rallied across the board last Friday following the hot US NFP report. The market priced out…
Gold Technical Analysis – The price catches up with higher real yields
Fundamental Overview Yesterday, gold dropped during the American session without any clear catalyst. Real yields rose following the US NFP…
EURUSD Technical Analysis – Consolidation ahead of the US CPI
Fundamental Overview The USD rallied across the board last Friday following the hot US NFP report. The market priced out…