AUDUSD falls to 2- week low and below 50% of 2023 range but rebounds
Moves up to swing recent swing lows from Jan 24 and Jan 31 AUDUSD moves back to swing area The AUDUSD moved lower with the USD move up afte…
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Canadian dollar falls on soft Mfg. PMI
The Canadian dollar has extended its losses for a third straight day. In the North American session, USD/CAD is trading at 1.3175, up 0.32%. Canada’…
Canadian dollar falls on soft Mfg. PMI
The Canadian dollar has extended its losses for a third straight day. In the North American session, USD/CAD is trading at 1.3175, up 0.32%. Canada’…
NZD/USD has stabilized today after ending the week with sharp losses. In the North American session, NZD/USD is trading at 0.6149, up 0.22% on the da…
NZD/USD has stabilized today after ending the week with sharp losses. In the North American session, NZD/USD is trading at 0.6149, up 0.22% on the da…
USDCHF falls to swing area support
Swing area support near 0.9591 to 0.96046 USDCHF held support at swing area The USDCHF moved above the 100 day moving average earlier today…
GBPUSD falls below the 1.1800 level
There is some up and down action around the 1.18000 level GBPUSD falls to the lowest level since July 14 The GBPUSD moved to a new session …
USDJPY under pressure falls below 133.
Two days ago we warned traders that USDJPY is providing rejection sign and the chances of a pull back had increased. Price reached resistance and bou…
EURUSD falls to new session lows
The price falls below the 50% midpoint of the corrective move higher EURUSD falls below the 50%. New lows for the day. There are two 50% mid…
When you fight with one monster, there is hope of winning, but when there are several such monsters at once, the chances of celebrating success in ba…
GBP/USD analysis on July 14. The pound falls into the abyss
The wave marking on the pound/dollar instrument required clarifications, which were made. The upward wave constructed between May 13 and May 27 does…
USDJPY falls back toward broken trend line after Waller comments
USDJPY holds support at the broken trend line The USD run up got a further reprieve after Fed's Waller eased on the tightening by 100 basis p…
USDCAD falls to a new session low. Reverses earlier gains after jobs reports.
USDCAD trades between its 100 and 200 hour moving averages The USDCAD moved higher after the US jobs report came in better than expected while th…
Another bad week for EURUSD as it falls closer to parity.
Blue lines- bearish channel Nothing has changed technically over the course of the last 12 months in EURUSD. Price has formed a very clear downward…
Long-term perspective. This week has seen a 170-point decline in the GBP/USD currency pair. We cannot claim that the fundamental or macroeconomic b…
