| The USDCHF traded to a new 2024 high at 0.9151, but could not sustain upside momentum. What next? |
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The USDJPY buyers are holding onto control. Can they keep the control?
2024-02-23
In this video find out what keeps the buyers in firm control in the USDJPY.
Kickstart the forex day with a technical review of the EURUSD, USDJPY and GBPUSD
2024-02-21
What levels are in play for the 3 major currencies and why? A technical look at the EURUSD, USDJPY and GBPUSD.
USDCHF moves lower to test a dual technical support area
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?
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.
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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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