Chart USD/CAD Update: Consolidating test of 1.3590/00 - studies leaning lower

May 16, 2024 3:37 PM UTC

Little change, as unwinding oversold intraday studies and flattening oversold daily stochastics turn near-term sentiment cautious

Chart AUD/USD Update: Meeting sellers above 0.6700 - downside to remain limited

May 16, 2024 1:40 PM UTC

Anticipated gains have met selling interest just above congestion around 0.6700

Chart EUR/JPY Update: Limited tests higher

May 16, 2024 1:30 PM UTC

The break below 168.00 has bounced smartly from congestion support at 167.00

Chart USD/JPY Update: Smart bounce, but gains to remain limited

May 16, 2024 1:18 PM UTC

The anticipated break below 155.00 has bounced smartly from congestion support at 154.00

Chart USD Index DXY Update: Limited gains from the 104.25 Fibonacci retracement

May 16, 2024 1:05 PM UTC

Anticipated losses have reached support at the 104.25 Fibonacci retracement

Chart EUR/CAD Update: Fresh 2024 highs - pressuring resistance at the 1.4820 Fibonacci retracement

May 16, 2024 10:19 AM UTC

Anticipated gains have extended to fresh 2024 highs

Chart EUR/CHF Update: Consolidation to give way to a test lower

May 16, 2024 8:28 AM UTC

The test above congestion resistance has met selling interest around 0.9825

Chart USD/CHF Update: Pressuring 0.8980/00 - room for lower

May 16, 2024 8:06 AM UTC

Anticipated losses have reached support at 0.9000 and the 0.8980 Fibonacci retracement

Chart EUR/GBP Update: Leaning lower, but downside to remain limited

May 16, 2024 7:53 AM UTC

Little change, as choppy trade gives way to consolidation around congestion support at 0.8580

Chart EUR/USD Update: Strong resistance at the 1.0930 Fibonacci retracement

May 16, 2024 7:42 AM UTC

Anticipated gains have reached congestion resistance at 1.0900

Chart GBP/USD Update: Strong resistance at the 1.2755 Fibonacci retracement

May 16, 2024 7:29 AM UTC

Late-April gains have reached congestion resistance at 1.2700

Chart GBP/JPY Update: Room for deeper pullback from 197.05, Fibonacci level

May 16, 2024 7:26 AM UTC

Settling back from test of the 197.00/05 level and 61.8% Fibonacci retracement as prices unwind overbought intraday studies

Chart AUD/JPY Update: Lower in consolidation from the 104.00 high

May 16, 2024 7:12 AM UTC

Extending pullback from the 104.00 high as prices unwind the overbought intraday and daily studies

Chart EUR/AUD Update: Lower in consolidation, 1.6218 low at risk

May 16, 2024 6:59 AM UTC

 Shallow bounce from the 1.6218 low has given way to selling pressure to threaten the latter

Chart AUD/NZD Update: Extending pullback from the 1.1030 high

May 16, 2024 6:38 AM UTC

Consolidation above the 1.0950 support has given way to break to extend losses from the 1.1030 YTD high

Chart GBP/USD Update: Consolidating test of 1.2700 level, scope for break later

May 16, 2024 1:59 AM UTC

Rally through the 1.2600/35 resistance extending gains from the April YTD low to reach the 1.2700/10 resistance

Chart EUR/USD Update: Consolidating below 1.0900 level, room for break later

May 16, 2024 1:39 AM UTC

Sharply higher to extend break of the 1.0800/12 resistance 

Chart EUR/JPY Update: Sharply lower to extend rejection from the 169.40 resistance

May 16, 2024 1:22 AM UTC

Sharply lower to extend rejection from the 169.40 resistance and break of the 168.00 has seen losses to the 167.40 support

Chart USD/JPY Update: Under pressure, room to 153.00 next but focus return to 152.00/151.85

May 16, 2024 12:58 AM UTC

Sharply lower after correcting close to 61.8% of the April/May losses at 156.78 high

Chart NZD/USD Update: Sharply higher to extend break of .6050 resistance

May 16, 2024 12:38 AM UTC

Break of the .6050 resistance has seen strong run-up through the .6100/10 level and the 50% Fibonacci retracement

Chart GBP/USD Update: Extending gains

May 15, 2024 3:40 PM UTC

Anticipated gains have reached strong resistance at the 1.2665 Fibonacci retracement

Chart USD/CAD Update: Under pressure

May 15, 2024 3:29 PM UTC

Cautious trade has given way to the anticipated break lower in both USD- and CAD-driven trade

Chart AUD/USD Update: Pressuring critical resistance - studies improving

May 15, 2024 1:14 PM UTC

Cautious trade has given way to the anticipated test of critical resistance within the 0.6650 - 0.6668/75 area

Chart EUR/JPY Update: Gains giving way to choppy trade

May 15, 2024 1:06 PM UTC

The test of resistance at the 169.39 weekly high of 26 April has given way to a sharp pullback 

Chart USD/JPY Update: Leaning lower in both USD- and JPY-driven trade

May 15, 2024 12:53 PM UTC

Cautious trade has given way to a sharp USD- and JPY-driven pullback

Chart USD Index DXY Update: Under pressure

May 15, 2024 12:43 PM UTC

Cautious trade around 105.00 has given way to the anticipated break lower to 104.50

Chart EUR/CAD Update: Balanced beneath 2024 highs - background studies improving

May 15, 2024 10:03 AM UTC

The anticipated test of critical resistance at 1.4780/87 is giving way to consolidation within 1.4750/80~

Chart EUR/CHF Update: Consolidating - potential for a fresh test higher

May 15, 2024 8:15 AM UTC

Little change, as prices extend cautious trade around congestion resistance at 0.9800

Chart USD/CHF Update: Lower in range - background studies under pressure

May 15, 2024 8:05 AM UTC

Cautious trade is giving way to a test lower

Chart EUR/GBP Update: Extending choppy trade - background studies improving

May 15, 2024 7:58 AM UTC

The break above congestion resistance at 0.8600 has not been sustained

Chart EUR/USD Update: Room for higher in the coming sessions

May 15, 2024 7:38 AM UTC

Cautious trade around 1.0800 has given way to the anticipated break

Chart GBP/USD Update: Poised for further gains

May 15, 2024 7:28 AM UTC

Anticipated tests higher have reached strong resistance at 1.2600

Chart EUR/SEK Update: Lower in choppy trade from the 11.7700 high

May 15, 2024 7:26 AM UTC

Leaning lower in choppy trade from the 11.7700 April YTD high

Chart EUR/AUD Update: Leaning lower from the 1.6365/1.6400 resistance

May 15, 2024 6:55 AM UTC

Leaning lower in consolidation after bounce attempt was checked at the 1.6365/1.6400 resistance