A technical look at the major 3 indices to start the new trading week
As the North American session begins, the US futures for the US stock indices are trading higher after a mixed…
Category: Technical Analysis
USDCHF Technical Analysis – SNB’s larger cut weighs on the CHF
Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new…
USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher
Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new…
What are the key technical levels in play for the major currency pairs next week
What are the technical levels in play for the major currency pairs vs the USD? EURUSD: USDJPY: GBPUSD: USDCHF: USDCAD:…
EURUSD sellers keep the pair below moving averages for most of the week….
The EURUSD is ending the week lower after an up-and-down path to the downside. The move to the downside fell…
GBPUSD sets the key levels to eye in the new trading week with the price action today
GBPUSD Technical Analysis: Sellers Regain Control The GBPUSD started the week in a choppy trading range, with buyers repeatedly testing…
US yields at highs and so is the USDJPY
US yields are trading at fresh highs, with the 10-year yield up 7.0 basis points today to 4.395%. This marks…
NZDUSD is testing swing lows from 2022 and 2023 . Can the floor be broken?
The NZDUSD is trading at a new 2024 low today, reaching 0.5753, positioning the price near the midpoint of key…
AUDUSD sellers remain in control but with a key floor area on the downside being tested
The AUDUSD remains under seller control, but a critical support zone between 0.6334 and 0.6363 is currently being tested. This…
USDCAD extends to a new 4+ year high. What discredits the bullish bias in the short term?
The USDCAD moved higher today, extending to a new 4+ year high of 1.4243, surpassing levels last seen in April…