Bias shifts modestly to the downside in the AUDUSD and NZDUSD but battle is on.
The AUDUSD moved lower during the Asia-Pacific session, breaking below its rising 100-hour moving average after buyer ...
The market is steady/doing better through the CPI shock
The CPI showed a higher than expected rise of 0.4% for core inflation versus 0.3% expected. The headline number was u ...
USD is higher to start the US session. Yields and oil higher. Stocks lower. CPI awaited.
As the North American session gets underway, the US dollar is trading higher against the major currency pairs. In the ...
AUDUSD finds support near 100 hour MA. Staying above keeps the buyers in control
The AUDUSD initially dipped during the Asia-Pacific session, but buyers stepped in against a key swing area between 0 ...
Crude oil futures settle at $98.07
The price of crude oil futures settled at $98.07, up $2.65 or 2.78% on the day. Looking at the hourly chart, the low ...
NZDUSD bounces off the 100 hour MA at 0.5948 currently. That is now close support.
The NZDUSD moved lower during the Asian-Pacific session in sympathy with the broader US dollar strength. However, eac ...
GBPUSD trades higher. Looks to test the high from early May at 1.36569
The GBPUSD initially moved lower during the Asia-Pacific session following the election results, as traders reacted t ...
USDCHF trades to new day lows. USDCAD lower as well. What are key levels for each now?
The USDCHF continues to lean against its 100-hour moving average as a key resistance barometer. Corrective rallies la ...
Why the technicals for Meta Platforms are troubling for investors
The price of Meta Platforms gapped sharply lower following its April 29 earnings release, as investors reacted negati ...
The USD is higher to start the new trading week.Bias is higher for major pairs technically
The USD is trading higher against the major currency pairs today, but both the EURUSD and GBPUSD have rebounded from ...
AUDUSD bounces off support keeps the buyers in firm control
The AUDUSD fell sharply yesterday, breaking back below a key ceiling/floor zone between 0.7221 and 0.7227. That beari ...
USDCAD runs up to key resistance target and finds willing sellers
Soon after the better-than-expected US jobs report in the worse than expected Canadian jobs report, I posted the foll ...