Chart Of The Day: AUD/USD
[ad_1] is challenging channel support, which has supported the pair since June. A move below the .7150 level may make a move to the .7031 breakout point next, which was… Read more »
Tag: day
NZDUSD falls to new day lows.
[ad_1] Trades to lowest level since September 9 The NZDUSD traded to the highest level since March/April 2019 on Monday only to fail within 6 pips of that new high. … Read more »
Chart Of The Day: NZD/USD
[ad_1] The Kiwi has been in an ascending channel since June, grinding higher and finding buyers on dips. Over the last couple days found significant resistance at the .6800 level,… Read more »
USDJPY down for the 5th consecutive day
[ad_1] Sellers push toward July lows but does find some stall The USDJPY had a 59 pip trading range last week. This week, the non trend has seen a march… Read more »
USD/CAD: Chart Of The Day
[ad_1] The “base” that is building since we broke the downtrend line a couple weeks back is an inverted head and shoulders pattern. The neckline is at the 1.3260 level…. Read more »
The GBP is the strongest and the USD is the weakest as NA traders enter for the day
[ad_1] FOMC Day The FOMC rate decision will be announced at 2 PM ET. No change in rates is expected but the market will be focused on the rate forecasts… Read more »
EUR/JPY: Chart Of The Day
[ad_1] A head-and-shoulders isn’t really one until we break the neckline. And that is definitely the case with the in the next 24 hours. However, the setup is great in… Read more »
NASDAQ closed higher for the 2nd straight day. Dow closes marginally higher
[ad_1] The S&P gain closes between the Dow and NASDAQ All the major indices close higher but well off highs and also with differing gains: The Dow and S&P closed… Read more »
The AUD is the strongest and the USD is the weakest as NA traders enter for the day
[ad_1] The USD continues it’s fall for the 2nd consecutive day The USD was the weakest of the major currencies (well it was a tie with the CAD at the… Read more »
Chart Of The Day: USD/CNH
[ad_1] Typically, at this point, I would look at the and say “that is a double top” which points towards the 6.5000 level or lower. However, the daily RSI is… Read more »