USDCAD moves lower to test rising 100 hour MA
The USDCAD pair has moved lower during the North American session as declining US yields and rising oil prices weigh…
Category: Technical Analysis
In the kickstart video for Oct 1, I take a technical look at EURUSD, USDJPY and GBPUSD
In the kickstart video for October 1, take a technical look at the EURUSD, USDJPY and GBPUSD. What are the…
The CAD is the strongest and the NZD is the weakest as the NA session begins
As the NA session begins, the CAD is the strongest and the NZD is the weakest. The USD is stronger…
USDCHF Technical Analysis – Can’t get out of the range
Fundamental Overview The USD got a bit of a boost yesterday as Fed Chair Powell reiterated that 50 bps of…
USDJPY Technical Analysis – Eyes on the US data this week
Fundamental Overview The US Dollar got a bit of a boost yesterday as Fed Chair Powell reiterated that 50 bps…
WTI crude oil futures settled $68.17
Crude oil settled today just one cent lower at $68.17. The low price today reached $67.60. The high price reached…
USD moving higher as Powell taps the brakes on cuts
The Fed Chair has tapped the brakes after saying if things go as planned, there will be 2 more cuts…
EURUSD extends to new lows for the day and back below MA support levels
The EURUSD up and down volatility continues. After trading near the 100-hour moving average (blue line in the chart below)…
AUDUSD & NZDUSD supported by China stimulus/risk-on flows. Pairs make new highs for year
Both the AUDUSD and the NZDUSD have made new highs for the year today. For the AUSUSD it has traded…
USDCAD defines close support and resistance to start the new trading week.
The USDCAD moved up on Friday and stalled at the falling 200-hour MA. Today, the price did move above that…