A technical look at the EURUSD, USDJPY and GBPUSD for April 12, 2024
2024-04-12
The USD is higher vs the EU and GBP, but lower vs the JPY today. What next?
The US broader indices are lower with both the S&P and Nasdaq below MA levels.
2024-04-10
What will keep the seller in control in the short term, and what are the next targets that give sellers more control?
Kickstart the FX trading day for April 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
2024-04-09
What are the bias, the risk and the targets for the major pairs in trading today.
EURUSD struggles to sustain momentum above and key moving averages. What next?
2024-01-30
The EURUSD attempted to break above its 200-day and 100-hour moving averages but failed to maintain the momentum. The next targets for downside movement are the swing area between 1.08083 and 1.0824, followed by the 50% retracement level at 1.07936.
THE USD is making a move to the upside in early US trading.
2024-01-29
The USD is making new highs vs a number of currencies including the EUR, GBP, CHF. The AUD which was the strongest of the major currencies at the start of the US session, is retracing a good chunk of it’s gains as well. The gains come despite yields in the US which remain lower on the day with the 10 year down over 5 basis points.