| The GBPUSD is below 38.2% and 200 day MA |
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USDCHF breaks key resistance levels, maintains bullish bias
2023-11-09
The USDCHF has climbed above its 200-hour moving average and broken the 38.2% retracement level, indicating a stronger upside bias. The price remains above the 100-hour and 200-day moving averages, further supporting the bullish sentiment. Traders await a sustained move above these levels to confirm the upward momentum.
USDCAD has been helped (to the upside), by lower oil prices. What about the technicals?
2023-11-08
Oil moved below $76 today and the USDCAD moved above the 200 hour MA but can that momentum continued today?
AUDUSD buyers run into a cluster of resistance. Seeing some corrective selling.
2023-11-06
AUDUSD trades above and below 0.6500 after testing cluster of resistance between 0.6500 to 0.6521
Kickstart your FX trading for Nov 2, 2023. A technical look at EURUSD, USDJPY and GBPUSD.
2023-11-01
Kickstart your FX trading for November 2, 2023 with technical look at EURUSD, USDJPY and GBPUSD
End of day technical look at the EURUSD, USDJPY, GBPUSD and USDCHF.
2023-08-03
Be aware. Be prepared for the new trading day
EURUSD continues to toy with the 100 day MA on the downside
2023-08-03
The EURUSDs 100 day MA was briefly broken but could not sustain momentum. Remains a key barometer for both buyers and sellers.
USD moving higher and the EURUSD, USDJPY and GBPUSD pairs are testing key target
2023-08-02
An updated look at the three currency pairs including the EURUSD, USDJPY and GBPUSD.
AUDUSD breaks lower today and now tests key lows from June/July
2023-08-01
The AUDUSD experienced a sharp decline today after the RBA’s decision to keep rates unchanged. As a result, the currency pair is currently testing the swing lows observed in both June and July. A breach below these levels would be significant, as it could lead to testing another crucial swing area on the daily chart.
In this video, we closely monitor the AUDUSD’s price action and discuss the implications of the RBA’s decision and its impact on the pair’s movements. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market.
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