USDCHF bounces off key support floor near 0.8400. What next?
The USDCHF moved down on Friday and once again moved closer to the low of the up and down swing…
Category: Technical Analysis
Kickstart the FX trading day for Sept 30 w/a technical look at EURUSD, USDJPY and GBPUSD
Kickstart the FX trading day with a technical look at the major currency pairs – the EURUSD, USDJPY and GBPUSD.…
The EUR is the strongest and the CHF is the weakest as the NA session begins.
As the NA session begins, the EUR is the strongest and the CHF is the weakest. The USD is mixed…
Copper Technical Analysis – Chinese big easing measures trigger a strong rally
Fundamental Overview Last week, the PBoC announced lots of easing measures ranging from short to long term interest rates cuts.…
Crude Oil Technical Analysis – Focus on the ISM Manufacturing PMI
Fundamental Overview In the latter part of last week, crude oil sold off without a clear catalyst. Some people have…
Gold Technical Analysis – Watch out for the key economic releases this week
Fundamental Overview Gold has been on a sustained rally ever since the last Fed’s decision as real yields fell further…
The AUDUSD and NZDUSD are breaking to new highs. The USDCAD remains confined. What next?
The AUDUSD and NZDUSD are trading it to new highs. For the AUDUSD, it is breaking to the highest level…
The USD is lower on PCE data. What are the technicals telling us in EURUSD, USDJPY &GBPUSD
The US PCE data was lower than expectations and it helped to push the USD lower. For the EURUSD, the…
USDCHF sellers are testing a key support level Can the sellers push below and stay below?
The USDCHF is moved lower on the back of the PCE data today and that move has now taken the…
The JPY is the strongest and the GBP is the weakest as the NA session begins
The JPY is the strongest and the GBP is the weakest as the NA session begins. The USD is mixed…