| The 0.6433 to 0.64419 was a floor in the month of November and is being broken in Asian Pacific session. |
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USDCAD backs off after rising to swing area. Traders may be feeling the pair may be overbought
2024-10-22
Traders are taking a breather in the USDCAD
Kickstart the FX trading day for Oct 21 w/ a technical look at the EURUSD, USDJPY & GBPUSD
2024-10-21
The USD buyers are trying to exert their control on the 3 major currency pairs to start the trading week.
The EURUSD on the hourly chart gives a clearer view of the risk/bias changing levels
2024-10-17
The 100-hour MA is moving lower and closer to the broken 200-day MA. Tomorrow it should move below that key daily MA, making both of those MAs key risk-defining targets going forward.
USDCHF is stretching above and away from the 38.2% of the move down from July high
2024-10-16
Staying above the 38.2% at 0.8631 and a swing area down to 0.86078 is keeping the buyers in play and control at least in the short term.
USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?
2024-10-14
The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.
USDCAD is confined in an up-and-down trading range. Traders battle and await a break.
2024-08-13
The 1.3717 is support On the topside get and stay above the 100 hour MA at 1.3735 and then the 50% of the range since July at 1.37669 is the bullish roadmap.
The USDCAD trades to a new high after test of Friday’s low finds buyers
2024-08-12
The price is back above the 200 bar MA on the 4-hour chart
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