The US jobs report on the surface looked better but had signs of weakness as well |
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In this video, the 4-hour chart and the 1-hour chart are showing different stories. That story has the buyers and sellers battling it out with both looking for the next shove.
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In this video, the bias, (bullish or bearish), risk and targets are defined for the EURUSD, USDJPY and GBPUSD
2024-02-20
The 100-day MA and the 50% of the range since the October 2023 high are being tested on the downside. Can support buyers stall the fall?
2023-11-30
The USDJPY experienced a notable rebound, reaching key technical targets. Fed Chair Powell’s upcoming speeches may influence the pair’s momentum, with a hawkish tone potentially driving further gains.
2023-11-30
The USDCAD is experiencing volatility as oil prices rise following the OPEC decision. Traders are cautious after a recent technical break and are monitoring the 38.2% Fibonacci retracement level.
2023-11-29
The weaker than expected German preliminary CPI data has led to a softer EURUSD in trading today, setting the stage for the upcoming EU CPI data. A move below key retracement levels could turn buyers into sellers, while holding support may lead to a bullish bias.
2023-11-28
Discover how to take advantage of low risk trading opportunities in USDCHF and gain a technical edge in your trades.
2023-11-23
Here’s a quick technical analysis on Gold with some fundamental background.
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