Technical Analysis

USDCAD Bounces off a Crucial Horizontal Resistance

The first Friday of the month is usually very busy for the USD but also for the […]

Daily Technical Analysis

SP500 Attacks Critical Resistance

Stocks quickly recovered from Friday’s selling, which occurred after the latest US jobs market update, and the […]

Daily Technical Analysis

EURUSD Drops to Weekly Lows After Superb US Jobs Data

The greenback advanced broadly today, supported by the latest data released, sending the EURUSD pair below 1.0160. […]

Daily Technical Analysis

Nasdaq Jumps Above Key Resistance

The tech-heavy Nasdaq index soared 3% on Wednesday, despite several hawkish comments by the US central bankers, […]

Daily Technical Analysis

GBPUSD Slides After US Data

The Pound retreated on Wednesday as investors reacted to the latest US macro data, which sharply increased […]

Daily Technical Analysis

EURJPY reaches key support

The second half of the European session brings us slightly higher volatility because of the fact that […]

Daily Technical Analysis

USDJPY Drops Below Major Support

The USDJPY pair declined below 131.30 today, which is considered significant support in the current uptrend. Should […]

Daily Technical Analysis

Oil Tests 200-day Average Again.

On Monday, the WTI oil fell 3%, toward the 95 USD level, where the key support of […]

Daily Technical Analysis

The Fed and a Lower GDP Strengthen the Yen

The FED’s interest rate hike and worse GDP data definitely spiced up trading during the second half […]

Daily Technical Analysis