| The USDCHF is back above the 200-day MA at 0.88354. That level will be the short term barometer for buyers and sellers. Staying above is more bullish. |
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USDCAD ceiling is well defined. Support is near 200 bar MAs. What next?
2024-02-27
The USDCAD- like other pairs – is trading up and down and awaits the next shove.
The USDCHF remains above the 100 day MA and 50% retracement. Key support at 0.8785.
2024-02-21
The USDCHF is modestly lower on the day but remains above the key 50% midpoint of the move down from October and the 100 day MA near 0.8785.
The USDCAD is ready to session highs as the traders react to lower CPI data in Canada
2024-02-20
While the USD is lower vs most other pairs, the greenback is higher vs the loonie as traders react to lower CPI
EURUSD dips to key technical support. Weaker Eurozone CPI helps the sellers today
2023-11-30
The EURUSD has fallen to a new session low, testing a swing area and a 38.2% retracement. Eurozone CPI data came in weaker than expected. The price also dropped below its 200-hour moving average for the first time since November 13.
GBPUSD reverses a key retracement level, potential for further downside
2023-11-29
The GBPUSD reached the 61.8% retracement level but failed to sustain above it, leading to a reversal. Traders cautious for a correction lower would want the price to stay below this level at 1.27189.
USDCAD trades to new session highs but runs into the falling 100 hour MA
2023-11-23
The 100 hour MA in the USDCAD is giving some cause for pause.
USDJPY Technical Analysis
2023-11-22
Here’s a quick technical analysis on the USDJPY pair with some fundamental background.
For more visit ForexLive.com
USDCAD moves higher and into neutral area between 100 and 200 hour MAs
2023-11-20
The USDCAD has moved higher in early NA trading and in the process moved above its 100 hour MA. Above the 200-hour MA looms as resistance. So the price bias is more neutral with the buyers making the most recent play.
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