NZDUSD stalls the rally today at the 200 hour MA
The NZDUSD moved higher earlier today, and in doing so, moved above the 100-hour moving average at 0.6209. The momentum…
Category: Technical Analysis
Crude oil is trying to rebound. The high price extended back above the $70 level
Crude oil prices are trying to rebound today with the price currently trading at $70 up $0.80 or 1.15%. The…
USDCHF bounces back higher in an down/up start to the NA session, but buyer have more work
The price of the USDCHF moved lower after the weaker than expected ADP employment report, but found support near a…
The JPY is the strongest and the CAD is the weakest as the NA session begins
The JPY is the strongest and the CAD is the weakest as the North American session begins. The USD is…
S&P 500 Technical Analysis – Growth fears back on the menu
Fundamental Overview This week the growth fears came back as the we got a couple of soft US data. Most…
Nasdaq Technical Analysis – All eyes on the US NFP
Fundamental Overview This week the growth fears came back as the we got a couple of soft US data. Most…
AUDUSD Technical Analysis – The price is at a key support zone
Fundamental Overview The US Dollar has come back under pressure recently as we got a couple of soft US data.…
GBPUSD Technical Analysis – The USD weakens on soft data
Fundamental Overview The US Dollar has come back under pressure recently as we got a couple of soft US data.…
USDCAD trades modestly lower after the BOC 25 basis point cut
The BOC cut rates by -25 basis points to 4.25%. BOC’s Macklem said that it is reasonable to expect further…
USDJPY moves to a new session low for the day. Looks toward the lows from last week
The USDJPY is moving to a new session low as the clock ticks to the end of trading today. the…