CPI Sends US Dollar into Support
TheĀ USD/JPY currency pairĀ is likely going to continue to see this area just below as support, and we will have to pay close […]
Challenge of Support could Test June Price Action
The USD/BRL fell to fresh lows on Monday and then demonstrated rather consolidated price action as important support levels came into sight. […]
GBP/USD Technical Analysis: Breaking the 1.20 Support
The GBP/USD exchange rate attracted bid from the market when it dropped near the 1.20 support before the weekend, but it could […]
GBP/USD Technical Analysis: Strong Support Levels
I have often recommended selling the GBP/USD pair from every bullish level and last week’s trading moves confirmed the strength of what […]
Trading Support and Resistance ā AUD/USD, EUR/USD, GBP/USD
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week […]
Has Bitcoin Found Long-Term Support?
Bitcoin (BTC) made news for its meteoric rise and its equally meteoric fall. But lately, outside of the news, Bitcoin is at […]
Move Higher Loses Power as Support Turns Vulnerable
After trading near highs early this week not seen since the third week of June, the NZD/USD currency pair has started to […]
Hanging onto Major Support Region
I believe this is a market that will continue to struggle in the face of higher interest rates, and of course, the […]
Massive Turnaround at a Major Support Level
If we do break it down below the $1680 level, then it is likely that things fall apart, and you can become […]
Markets Give Up Early Gains on Support
I think weāve got a scenario where the market continues to see plenty of reasons to fade rallies. Gold markets rallied rather […]
Trading Support and Resistance
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week […]
Bounce From Major Support Trendline
Ultimately, Iām looking for a bounce that I can start shorting again. The DAX has fallen significantly during the trading session on […]