The USDJPY moves toward 2022-2024 highs |
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2024-02-27
The USDCAD- like other pairs – is trading up and down and awaits the next shove.
2024-02-26
If the USDCHF can stay above the cluster of support, it keeps the buyers in firm control.
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.
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
2023-11-29
USDCHF falls to support target area near 0.8728 – 0.8743 but rebounds, giving dip buyers confidence. What next?
2023-11-28
The USDCAD is moving lower as sellers gain control, with the 38.2% retracement level as a key risk. Breaking the 100-day moving average could further increase bearish bias.
2023-11-23
The AUDUSD fell yesterday but bounced off a key floor support near 0.6522. The move higher today has come off highs but is so far holding the rising 100 hour MA support. Staying above keeps the buyers more in control and will have traders looking toward the 50% midpoint of the move down from the July low at 0.65824. On Tuesday, that midpoint was tested but found willing sellers on the first look.
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