GBPUSD trades lower following the UK CPI release with eyes on a key support zone
Fundamental Overview The USD got a bit of a boost on Monday following the better than expected US PMIs although the gains were not widespread....
Tag : Key
NZDUSD holds key 4-Hour 200-bar MA for fourth time – Focus shifts to 100-day MA support
NZDUSD technicals The NZDUSD continues to draw strong support from the 200-bar moving average on the 4-hour chart, currently at 0.5707. Today marked the fourth...
Holds Above Key Level (Chart)
Created on March 25, 2025 Monday has seen the British pound gain a bit of traction against the Swiss franc, but at the end of...
S&P 500 Q1 performance, inflation data from US, UK & Tokyo are the key focuses for this week
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and...
AUDUSD rejected at 200-Bar MA, Support holds at key swing zone near 0.6268
AUDUSD technicals The AUDUSD has seen two-way price action today, with a push lower during the North American session followed by a modest rebound. After...
BofA fund manager survey: Key charts that highlight a big shift in views
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
GBPUSD technical outlook: Key resistance at 1.2988–1.3013, Support Holds at 1.2922 so far
GBPUSD technicals GBPUSD remains in a bullish posture on the H4 chart. The next upside targets are located at 1.2988 and 1.30139 which are the...
USD/MXN Forecast Today 24/03: Rallies Key Resistance (Chart)
Created on March 24, 2025 During the trading session on Friday, we have seen the US dollar rally quite a bit against several currencies, and...
USDCAD pressured below 200-hour moving average as sellers eye key support at 1.4270
USDCAD technicals The USDCAD is finding upside resistance at the 200-hour moving average (see green line on the chart above), which have done a good...
USDCHF Technical Analysis: Key levels to watch for breakout signals
USDCHF technicals The USDCHF continues to trade in a well-defined sideways range, with traders closely monitoring for a breakout in either direction. On the downside,...