USDCHF bounces higher after testing support targets at tail end of last week. What now?
The USDCHF moved lower last week, and in the process tested an important swing area between 0.80090 and 0.80178 (redn ...
The US dollar starts the North American trading week on firmer footing
The USD is higher with the USDJPY the biggest mover with a gain of 0.59% after testing a swing level near 160.446 on ...
AUDUSD buyers made a play but some of the upside is being retraced. What next?
The AUDUSD moved higher today, extending above both its 100-hour and 200-hour moving averages. This marks the first t ...
No 4th of July fireworks for the Nasdaq index
So much for the fireworks in the Nasdaq.Earlier today, I highlighted the potential for a Fourth of July, America̵ ...
Gold buyers make another play for control after yesterday’s run higher fizzled
Yesterday, the gold buyers pushed the price above the 100 and 200 hour MAs. I wrote about it in a post outlining the ...
USD moves lower after the US jobs report. What are the charts telling traders now?
The initial reaction was to the downside after the we can expected US jobs report. However we are seeing some clawbac ...
The USD is lower ahead of the US jobs report. What are the technical levels in play?
The US jobs report will be released a day early ahead of the 4th of July long holiday weekend starting on Friday. US ...
Gold buyers the to base the pair
Gold buyers are beginning to push back, but they still have work to do before wresting control from the sellers.Since ...
USDCAD stalls below triple-top resistance as Canada Day trading thins
The USDCAD is modestly higher on the day, but has surrendered most of its earlier gains during the North American ses ...
Morning Kickstart: Markets brace for a busy day. What are the technicals telling traders?
The North American trading day gets underway with markets facing a full slate of economic releases, a high-profile ga ...
GBPUSD buyers cannot keep the momentum to the upside going
The GBPUSD has experienced a two-way trading session today. After rallying into the 38.2% retracement of the decline ...
Crude oil buying runs out of steam. The price moves back below its 100 hour moving average
Crude oil is settling down $1.25, or 1.77%, at $69.50. The high price for the day reached $71.60, while the low has b ...