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The forex markets are mostly consolidating as the new trading week begins
The forex market is mostly consolidating as the new trading week begins. In the morning forex report, I take a look at the EURUSD, USDJPY, GBPUSD a...
January 30, 2023, 2:05 pm
Usdchf moves lower with the usd today
The USDCHF has seen a move to the downside today along with the mostly lower USD.
Looking at the USDCHF on the hourly chart, the move to the...
January 25, 2023, 8:14 pm
Usdcad dips back below the 100/200 hour mas
The USDCAD moved above the 100/200 hour MAs after the BOC said that they would raise rates by 25 basis points but would pause policy for a period o...
January 25, 2023, 7:23 pm
Major european indices close marginally lower in the day
Although the major European indices are closing the day with declines, the closes are nearer the highs for the day.
- German DAX -0.08% ...
January 25, 2023, 5:21 pm
Usdjpy rotates back toward the 200 hour ma
The USDJPY moved to a new session low in the current hourly bar, and in the process moved toward its 200 are moving average 129.156. The pair has b...
January 25, 2023, 3:40 pm
Gbpusd moves up to test the 100 hour ma
The GBPUSD has moved to a new day high and in the process is testing the 100 hour MA at 1.23613. Sel...
January 25, 2023, 2:59 pm
The bank of canada rate decision the key event today. all you need to know to be prepared.
The Bank of Canada will announce their rate decision at 10 AM ET. What is expected? Is there potential for a surprise? What technical levels are in...
January 25, 2023, 2:09 pm
Natural gas futures falls after buyers above the 200 hour ma failed.
The price of natural gas futures are trading sharply lower with the prices down close to 4% on the day. The move lower comes after the price tried ...
January 24, 2023, 5:35 pm
European indices are mixed at the close of the day
The major European indices are ending the day with mixed results.
The final numbers are showing:
- German Dax fell -0.07%
- F...
January 24, 2023, 5:07 pm
Audusd trades to new session high and looks to test the high from last week
The AUDUSD is moving to a new session high breaking above the earlier high for the day at 0.70486. The next target is the high from last week at 0....
January 24, 2023, 4:10 pm
Nzdusd is able to stay above its 100 hour ma today, but stalls near 0.6500
The NZDUSD has seen an up and down day today.
After moving up and down in the Asian session, the pair turned more to the downside. The low p...
January 23, 2023, 5:25 pm
Usdchf buyers push above the 200 hour ma but can the momentum continue
The USDCHF started the day and moved lower. The move, took the price below the 100 hour MA (blue lin...
January 23, 2023, 4:55 pm
Audusd back to 0.7000 as buyers encouraged by stock gains
The AUDUSD is stretching back to the upside after an early US session dip saw the price fall below a swing area between 0.6973 and 0.6984, but stal...
January 23, 2023, 3:52 pm
Eurusd moves up to test the earlier day's high
The EURUSD is back testing the high from earlier today and in doing is completing another up and down (or down and up) session for the pair.
January 20, 2023, 8:07 pm
Eurusd dipping below the 200 hour ma, but swing lows remain a downside hurdle
The last 6 days of trading in the EURUSD has had it's share of ups and downs as evidenced by the red and green numbered circles between 1.0775 and ...
January 19, 2023, 4:34 pm
Audusd steps down to the 50% and swing area and finds support buyers.
The AUDUSD moved to the highest level since August 15 yesterday reaching a high of 0.70629. That move took out the highs from Monday's trade at 0.7...
January 19, 2023, 3:51 pm
Audusd falls below 100 hour ma
The AUDUSD is extending to a new session low and in the process has moved below the 100 hour MA, and...
January 18, 2023, 5:40 pm
