The GBPUSD buyers are back in control in the short term. Can the buyers keep the bias control?

2024-12-29

When will the Trump gap get filled? What will I be looking out for if SPX creates a 4th touch at about 6200 (or close to it) on the key resistance line from July 2024? How can the anchored VWAP from the 06 Sept 2024 major low be a guidance to trading algos and trading professionals? What double bottom may be interested to follow, if created? Find out about some crucial orientation junctions on my technical map for the S&P500 index.

2024-12-19

What next for the AUDUSD? What technical levels need to be broken to give buyers some confidence?

2024-12-18

Getting the USDCHF below and staying below 0.8898 is needed to give the sellers some confidence. Absent that, and the buyers are in firm control.

2024-12-16

GBP/USD and EUR/USD are climbing higher, breaking key levels. GBP/USD eyes 1.2700, while EUR/USD faces resistance at 1.0525. Traders watch for sustained moves to gauge market bias.

2024-10-25

For the week, the low was on Monday. Up and down price action through the BOC rate cut, but the corrective probing was modest with a floor at 1.3813 now.

2024-10-24

The swing area base from earlier this week is holding support.

2024-10-22

Traders are taking a breather in the USDCAD

2024-10-21

The USD buyers are trying to exert their control on the 3 major currency pairs to start the trading week.