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NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs
NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs
The 61.8% retracement of the range since the January 24 high is in play as well.
NZD
USD
Prepare for the US jobs report with a technical look at the EURUSD, USDJPY & GBPUSD
Prepare for the US jobs report with a technical look at the EURUSD, USDJPY & GBPUSD
The US jobs report will give the major currency pairs a jolt. What levels are important? What are the technicals telling us ahead of the report? I go through it in the morning report today.
USDCAD Technical Analysis – We are back at the key support. Now what?
USDCAD Technical Analysis – We are back at the key support. Now what?
The USDCAD pair dropped all the way back to the key 1.4280 support as trade war fears dissipated.
CAD
USD
GBPUSD Technical Analysis – The focus turns to the US NFP report
GBPUSD Technical Analysis – The focus turns to the US NFP report
The GBPUSD pair is trading near a key resistance zone as the easing in trade war fears weighed on the greenback. What’s next?
GBP
USD
EURUSD Technical Analysis – The greenback stays on the backfoot
EURUSD Technical Analysis – The greenback stays on the backfoot
The EURUSD pair continues to bottom out as the US dollar remains under pressure amid easing trade war fears. What’s next?
EUR
USD
USDJPY Technical Analysis – Eyes on the US NFP report
USDJPY Technical Analysis – Eyes on the US NFP report
The USDJPY pair sold off strongly following the hot Japanese wage data and a notable drop in Treasury yields. What’s next?
JPY
USD
FX option expiries for 7 February 10am New York cut
FX option expiries for 7 February 10am New York cut
A look at what is on the board for today
The number 20 is important in technical analysis, and for some reasons.
The number 20 is important in technical analysis, and for some reasons.
NVDA finds support within the number 20 (weekly bars in this case). Not a coincidence. You will see that principle repeating.
Learn Technical Analysis
Stocks
Breaking the norm: Meta stock on epic 14-Day winning streak
Breaking the norm: Meta stock on epic 14-Day winning streak
Trends are fast directional and tend go farther than what traders expect. Meta is trending and breaking above a channel trend line. That trend line may give traders a level to use for the start of a correction.
Stocks
GBPUSD bounces after the BOE rate cut news runs its course
GBPUSD bounces after the BOE rate cut news runs its course
GBPUSD bounces off swing area support between 1.23515 to 1.23759. Approaches resistance at the 100/200 hour MAs
USDCHF rebounds after basing at swing area support yesterday/today.What next for the pair?
USDCHF rebounds after basing at swing area support yesterday/today.What next for the pair?
The price is pushing higher today after finding support near swing area support above and below 0.9000
CHF
USD
USDCAD settles after fireworks at the start of the week. Price back in familiar territory.
USDCAD settles after fireworks at the start of the week. Price back in familiar territory.
The USDCAD has bounced after sellers yesterday could not keep the downside momentum going
CAD
USD
The BOE has a dovish cut leading the GBPUSD lower. What are the technicals saying now?
The BOE has a dovish cut leading the GBPUSD lower. What are the technicals saying now?
In the kickstart video, I take a look at three of the major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD
Russell 2000 Technical Analysis – The market fades the trade war fears
Russell 2000 Technical Analysis – The market fades the trade war fears
The Russell 2000 erased all the losses triggered by the weekend tariffs news as positive negotiations led to an easing in trade war fears. What’s next?
Russell 2000 Technical Analysis
Nasdaq Technical Analysis – The bulls take charge as trade war fears ease
Nasdaq Technical Analysis – The bulls take charge as trade war fears ease
The Nasdaq filled the negative gap and extended the rally into new highs as the trade war fears eased. What’s next?
Nasdaq Technical Analysis
S&P 500 Technical Analysis – The market eyes new highs as trade war fears abate
S&P 500 Technical Analysis – The market eyes new highs as trade war fears abate
The S&P 500 filled the negative gap as trade war fears dissipated. What’s next?
S&P Futures Technical Analysis
Gold Technical Analysis – Focus on the US NFP report
Gold Technical Analysis – Focus on the US NFP report
Gold has been rallying non-stop this week as real yields and the US dollar continued to fall. What’s next?
Nasdaq Futures Analysis by TradeCompass
Nasdaq Futures Analysis by TradeCompass
Bullish 21,856 above, bearish below 21,796
TradeCompass
Nasdaq
Nasdaq Technical Analysis
FX option expiries for 6 February 10am New York cut
FX option expiries for 6 February 10am New York cut
A look at what is on the board for today
Costco trades to a new all-time high  What next technically?
Costco trades to a new all-time high What next technically?
Costco shares now targets $1047. Move above and the door swings wide open.
Stocks
What does a comparison of 3 chip stocks tell traders? I look at AMD, Nvidia & Broadcom.
What does a comparison of 3 chip stocks tell traders? I look at AMD, Nvidia & Broadcom.
Broadcom and Nvidia are the beneficiaries as they are both higher. What does a comparison of each of the chip stocks saying? What is the bias, the risk, the potential targets for each?
Stocks
US crude oil futures settled at $71.03
US crude oil futures settled at $71.03
Price is down $1.67 or -2.3%
Stocks
NZDUSD continues the rebound started on Monday and extends above an old ceiling.What next?
NZDUSD continues the rebound started on Monday and extends above an old ceiling.What next?
The ceiling area is between 0.5683 to 0.56917. Staying above keeps the buyers firmly in control
AUDUSD extends higher and enters swing area resistance area. Can momentum continue?
AUDUSD extends higher and enters swing area resistance area. Can momentum continue?
The swing area between 0.6287 to 0.63015 is being tested in the AUDUSD.
AUD
USD
USDJPY is dipping below the 200 and 100 day MAs
USDJPY is dipping below the 200 and 100 day MAs
200 day MA is at 152.778, and the 100 day moving average is at 152.422. The price has not closed below its 100-day moving average cents October 2024
USDCHF falls to swing area and support gives sellers some cause for pause
USDCHF falls to swing area and support gives sellers some cause for pause
In the short term, watching 0.90315 level for close resistance
CHF
USD
USDCAD down again and below the low of the "Red Box"
USDCAD down again and below the low of the "Red Box"
Stay below 1.4290 to 1.4303 keeps the sellers in control on the break outside the Red Box
CAD
USD
In the kickstart video for Feb 5 the USD is lower as US traders enter the fray for the day
In the kickstart video for Feb 5 the USD is lower as US traders enter the fray for the day
Kickstart the FX trading day for Feb 5 with a technical look at the EURUSD, USDJPY and GBPUSD
Japanese Yen Today
Japanese Yen Today
With a trade idea to fade the Japanes Yen futures upside move soon. Trade the Japanese Yen at your own risk only.
JPY
TradeCompass
A Simple Gold Techical Analysis: Gold Bulls want mooooorrrrrrreeee...
A Simple Gold Techical Analysis: Gold Bulls want mooooorrrrrrreeee...
Do not try to short this golden bull (yet) as 2900 may be the price magnet now for Gold futures
USDJPY Technical Analysis – Strong Japanese wage data boosts the JPY
USDJPY Technical Analysis – Strong Japanese wage data boosts the JPY
The USDJPY pair fell to a new low following the strongest wage growth data in nearly three decades. What’s next?
JPY
USD
FX option expiries for 5 February 10am New York cut
FX option expiries for 5 February 10am New York cut
A look at what is on the board for today
GBPUSD extends to the topside target area and above the 50% midpoint. Buyers in control
GBPUSD extends to the topside target area and above the 50% midpoint. Buyers in control
The 50% comes in at 1.24532 of the move down from the December high. That is the close risk for buyer in the pair now.
GBP
USD
Gold price hits new record high; technical indicators guide traders
Gold price hits new record high; technical indicators guide traders
Gold price reaches all-time high at $2845.48; hourly trendline crucial for short-term bias. Watch for breaks in moving averages to assess future direction.
Bitcoin Price Prediction by TradeCompass
Bitcoin Price Prediction by TradeCompass
Bitcoin futures: Bullish above: 101,060 and bearish below: 98,930
TradeCompass
Crypto
Crypto Technical Analysis
Bitcoin Technical Analysis
BTC
USDCAD nears critical support level in trading range
USDCAD nears critical support level in trading range
Approaching the lower boundary of key swing area support between 1.4290 to 1.4304
CAD
USD
EURUSD has stretched to new highs and in the process moved above key technical targets
EURUSD has stretched to new highs and in the process moved above key technical targets
A swing area between 1.0332 to 1.0343, 100 hour MA at 1.03539 and 50% at 1.0371 have all been broken in the EURUSD. Bullish tilt and control.
AUDUSD moves to new highs erasing the declines from weekend tariff news
AUDUSD moves to new highs erasing the declines from weekend tariff news
The AUDUSD is back above the 100-hour MA and the 200-hour MA at 0.62038 and 0.6241. Buyers make a play but Trump/Xi ahead.
AUD
USD
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