Technical Analysis

Yesterday, the NASDAQ fell outside a consolidated range going back to November. I wrote about it in this post here: In that post, I outlined the 200-day MA as a key target (see yellow box) saying “A hold above this level could slow the selloff”. . Today, the price got within sniffing distance of that

EURUSD technicals The EURUSD fell after comments from Trump (and the U.S.), suggesting Ukraine—and by extension, the EU—may have to fend for themselves if peace is not reached through compromise rather than victory. That did not sit well with Zelenskiy who see Russia as the aggressor and wants guaranteed security from the US. Trump does

Fundamental Overview The Nasdaq extended the selloff yesterday following fresh Trump’s tariffs threats and especially additional 10% tariffs on China. The market has been under pressure ever since last Friday when we got the weak US Flash Services PMI and later the jump to a new 30-year high in long term inflation expectations in the

The major indices close lower in trading here today with the NASDAQ index getting hammered and having its worst trading day since January 27 (DeepSeek day). The NASDAQ index is now down -3.97% on the year. A snapshot of the closing levels shows: Dow industrial average -193.62 points or -0.45% at 43239.50. S&P index -94.49

Fundamental Overview The USD continues to be supported against most major currencies, especially the commodity currencies, as the markets remain in a risk-off mood following some bad US data releases. In fact, since last Friday, we got weak US Flash Services PMI, UMich final Consumer Sentiment and this a weak US Consumer Confidence report on

The AUDUSD is down for the third time in four trading days after peaking near the falling 100-day moving average at 0.6407. Today’s decline has been volatile, with initial support holding near a key swing area between 0.6287 and 0.6301. However, after an attempted rebound, sellers quickly regained control. The bounce saw the pair rise

orderFlow Intel Update for AMD Investors: Buy-the-Dip Considerations & NVIDIA’s Earnings Impact AMD Stock Snapshot Analysis in Pre-Market on 26 Feb 2025 AMD stock has shown early bullish signs based on our latest OrderFlow Intel analysis, with a prediction score of +6.5 out of 10. Buyers stepped in at key price levels, and we’ve observed

The NZDUSD has seen the price move lower in trading today as risk-off sentiment led to declines. Having said that, the fall was not without it’s ups and downs intraday. Nevertheless, technically speaking, the first corrective high in the Asia-Pacific session stalled against the 100-hour moving average (blue line on the chart below). The rest

Fundamental Overview The USD has been relatively stronger against most major currencies since Friday as the markets went into risk-off following some bad US data release. In fact, we got a weak US Flash Services PMI and soon after the long-term inflation expectations in the Final UMich Consumer Sentiment survey jumped to a new 30-year

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 loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Fundamental Overview The S&P 500 sold off pretty aggressively on Friday following the weak US Flash Services PMI and later the Final UMich Consumer Sentiment survey where the long-term inflation expectations jumped to a new 30-year high. The bulk of the selloff came after the jump in the long-term inflation expectations. The market might be

The USDCAD began the week near its lowest level since mid-December. After an early rebound, the pair moved above the falling 100-hour moving average (blue line) on Wednesday, extending gains toward the 200-hour moving average (green line) on both Wednesday and Thursday. However, sellers defended the 200-hour MA, leading to a decline alongside broader USD

The USDCHF started the week with an upward move, peaking on Wednesday, before reversing lower through Wednesday and Thursday. Friday’s price action has been choppy, with no clear directional momentum. From a technical perspective, the key takeaway is that the weekly lows have consistently found support buyers within the 0.8965 – 0.8975 swing area. This

The GBPUSD spent the first half of the week trading choppily around the 38.2% retracement of the September high to January low at 1.26076, reflecting market indecision. On Wednesday, after a move lower, buyers stepped in just ahead of the 1.25499 swing high from two weeks ago, pushing the pair back above the 38.2% retracement

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 loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

The AUDUSD moved higher yesterday as the USD weakened, bringing the pair within 5 pips of the 38.2% retracement level from the September 2024 high. Just above that, the falling 100-day moving average (MA) also acted as resistance. Sellers leaned into these levels, leading to a technical rotation lower. As the session progressed, US equity

Fundamental Overview The US Dollar this week has been erasing some of the losses experienced last week after the benign US PPI and the Trump’s reciprocal tariffs announcement. There hasn’t been any notable catalyst this week to support the greenback although some analysts pointed to less dovish comments from Fed’s Waller on Tuesday which would

As the trading day nears its close, USDCHF is testing the lower boundary of its multi-week trading range, which has been in place since mid-December. On the 4-hour chart, the pair formed a double top at the January high two weeks ago before reversing lower. Last week, the price found buyers at range support (0.8965