| A look at the technicals driving the EURUSD, USDJPY and GBPUSD, and a summary of other market moving news to start the North American session. |
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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.
GBPUSD breaks lower. Falls below support at 1.2938 and tumbles to midpoint/swing area
2024-10-31
The GBPUSD tests the 50% midpoint of the move up from the April low and swing area down to 1.28449
The USDCAD stretches toward the highs for the year and toward highs going back to 2022.
2024-10-29
Adam looks at the fundaments. I look at the technicals?
USDCAD buyers hold support. Tests the high for the week. Buyers in control.
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.
USDCAD corrects lower after BOC rate cut. A swing low tries to hold support today.
2024-10-24
The swing area base from earlier this week is holding support.
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