Technical Analysis

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

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

The AUD/USD has been trending lower this week, steadily breaking through key support levels. Yesterday, the pair fell below the 50% retracement level and tested a key swing level at 0.62348. Today, the price has continued its decline, breaking below the 61.8% retracement at 0.62097 before moving past the next target zone between 0.6196 and

USDCAD technicals The USD/CAD continued its upward momentum yesterday, breaking above a key swing level at 1.4366 before pushing through the 38.2% retracement of the February high-to-low decline at 1.4395. This move signaled renewed buying interest, propelling the pair to a new corrective high of 1.4452 before sellers emerged. That high pushed the price into

Fundamental Overview The S&P 500 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 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

The AUDUSD is down nearly 0.9% today, marking its largest decline of 2025 and the steepest drop since December 18, 2024. The initial move lower stalled at the 38.2% retracement of February’s trading range (0.6285), where buyers attempted to provide support. However, after a brief bounce, selling pressure intensified following President Trump’s confirmation that 25%

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

The USDCHF broke to new 2025 lows yesterday with momentum. In the post yesterday (see post here and the chart from that post below), I targeted the swing area at 0.8914 to 0.8923 and warned that the area “should give buyers a cause to pause” the move lower. USDCHF The chart below shows that buyers

Fundamental Overview Gold dropped yesterday following the weak US consumer confidence report. The main culprit for the weakness in gold was the selloff in the US stock market as it tightens financial conditions when it’s aggressive. The problem here is that we got weaker economic data with increasing inflation expectations. The market might be fearing

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

The AUDUSD is dipping below the swing area target between 0.6327 0.6336. That area was an initial support going back to December which then tilted to resistance. That resistance level held until breaking above on February 14. Since then, the price has bottomed twice in the last week’s trading and and try to hold support

Crude Oil Futures Analysis for February 25, 2025 – tradeCompass At the time of this analysis, crude oil futures (CL) are trading at $71.05. Today’s TradeCompass strategy remains open to both bullish and bearish scenarios, depending on whether price crosses key thresholds. 🔹 Bullish Outlook TradeCompass will only turn bullish above $71.63, which would place

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 NASDAQ index opened higher on the day reaching a peak of 19644.23. That was up 120.22 points and it highs. Since then, the price has rotated to the downside and is currently down – 100 points or -0.52% at 19423. Disappointing the buyers was that at the high price for the day, the price

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

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 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

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 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

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 USDJPY moved sharply lower yesterday, testing the high of a key swing area between 149.08 and 149.39, with the low reaching 149.39. In the Asian session, the price dipped further to 149.27, pushing deeper into the swing area and testing the 50% retracement level of the move from the September 2024 low to the

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

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

The GBPUSD is trading to a new high and in the process is testing a key swing area up to 1.2670 and the 100-day MA at 1.2666. The high price just reached 1.2670. This is a key technical level for both buyers and sellers. Move above and stay above and traders will start to look

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

The price of Palantir is trading down $-15 or -12% at $109.48 after Pres. Trump ordered the Pentagon to cut budget by 8%. The price of Palantir reached a new all-time high of $125.41 in trading today before rotating to the downside. You can argue that the software that Palantir provides might be what the

The S&P and NASDAQ indices are positive on the day and trading near session highs. S&P index is up 14.15 points or 0.23% at 6143.79. Yesterday index closed at a record high. Anything positive today would be a another record high NASDAQ index is up 40 points or 0.20% at 20081 The Dow industrial average