AUDUSD tilts the bias to the downside. Back below the 200 hour MA
The AUDUSD moved lower with the overall USD buying after the tariff talks from Pres. Trump and Treasury Secretary Bessent. The price decline in the...
Tag : bias
Oracle share spike higher and tilt the bias to the upside.What keeps the buyers in control
The President is announcing an AI infrastructure deal with Oracle part of the JV which includes OpenAI and Softbank. Shares of Orable surged on the...
Buyers in control in the USDCAD. What would tilt the bias back down?
The USDCAD sellers had a shot earlier this week with breaks outside an up-and-down “Red Box” to the downside. The first move was on Monday....
AUDUSD sellers take the price below the 100/200 hour MAs increasing the bearish bias.
The AUD/USD has moved lower in today’s trading, breaking through and extending away from the 200-hour MA at 0.6223 and the 100-hour MA at 0.62306....
USDCAD has a negative bias in the short term. Can the sellers keep control?
The USD/CAD has declined in today’s trading, breaking below the lower boundary of the swing area between 1.4334 and 1.4348. For a bullish bias to...
A technical look at the AUDUSD & the NZDUSD. What levels are defining risk, bias & targets
In the video above, I take a look at both the AUDUSD and NZDUSD. Both pairs moved lower into the yearend reaching new lows for...
AUD/USD Weekly Forecast: Neutral Bias Amid Subtle Policy Shifts
The Fed and the Reserve Bank of Australia will remain cautious this year. US unemployment claims unexpectedly fell, indicating a resilient labor market. Business activity...
USDCHF rallies to key retracement last week and sold off. Today the bias is back higher.
The USDCHF moved higher last week but found willing sellers near the 38.2% of the range from the 2022 high at 0.9025. The high last...
USDCAD trades to new 2020 high but backs off. What tilts the bias back to the downside?
The USD/CAD reached a new 2024 high, climbing to its highest level since March 2020. The key upside target from that period is 1.4348, with...
GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside
The GBP/USD and EUR/USD are both trading higher on the day, with GBP/USD outperforming. The GBP/USD is currently up by 0.52%, trading at 1.2618 after...