GBPUSD Technical Analysis – The pair bounces on a key support
Fundamental Overview The bullish momentum in the USD is starting to fade as Treasury yields continue to fall. We had…
Category: Technical Analysis
USDJPY Technical Analysis – Expectations for a 50 bps cut remain alive
Fundamental Overview The Yen is having another good week as the USDJPY pair dropped to new lows as Treasury yields…
USDJPY follows yields lower
The US yields are trading at new session lows. The two-year is trading at 3.598%. That’s the lowest level going…
Kickstart the FX trading day for Sept 10 w/a technical look at the EURUSD, USDJPY & GBPUSD
In the kickstart video for September 10, I take a look at three of the major currency pairs from a…
NZDUSD rebounds after testing 38.2% retracement and finding support buyers
After a trend-like move like we saw to the upside in August, the price of the NZDUSD has been correcting…
US stocks move into negative territory
The major US stock indices have seen a run lower over the last hour or so of trading. The move…
AUDUSD sellers are banging against a cluster of support. Can the sellers push through?
The AUDUSD yesterday moved down to test a cluster of support defined by the 200 bar moving average on the…
The USDCHF runs up to the 100 bar MA on 4-hour chart and finds willing sellers
The USDCHF moved above the 100 and 200 hour MAs yesterday tilting the short term bias to the upside. The…
The buyers in the USDCAD are trying to push higher, but there is work to do.
The USDCAD is tilting higher technically even though a lot of the price action on Monday and agains today, is…
The NZD is the strongest and the CAD is the weakest as the NA session begins
As the North American session begins, the NZD is the strongest and the CAD is the weakest . The USD…