USDCHF bounces with the USD after better data today
The US data this morning came in better than expected which has softened the Fed expectations for tomorrow a bit,…
Category: Technical Analysis
Kickstart the trading day for Sept 17 w/a technical look at the EURUSD, USDJPY & GBPUSD
Kickstart the FX trading day for September 17 with a technical look at the EURUSD, USDJPY and GBPUSD. Included today…
The AUD is the strongest and the CAD is the weakest as the NA session begins
As the North American session begins, the AUD is the strongest and the CAD is the weakest. Having said that,…
AUDUSD Technical Analysis – Expectations for a larger Fed cut weigh on the USD
Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being…
GBPUSD Technical Analysis – The pair rallies on larger Fed cut expectations
Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being…
EURUSD Technical Analysis – The greenback suffers from higher 50 bps chances
Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being…
USDJPY Technical Analysis – The USD stays under pressure on a larger cut chance
Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being…
Crude oil futures settles at $70.09, and back above a key retracement target
The price of WTI crude oil is settling at $70.09. The low for the day reached $68.68. The high for…
After trading to new lows going back to July 2023, the USDJPY has moved back higher.
The USDJPY moved to the lowest level since July 31 2023 after falling below the end of December low at…
Buyers and sellers ping-pong between 100 bar MAs in NZDUSD. Traders wait for the break.
The last two trading days in the NZDUSD have developed a pattern. That pattern is to ping-pong between the 100-bar…