FTSE 100

AUDUSD breaks resistance The Australian dollar inched higher after breaking through the psychological 0.6700 barrier. Price action looks to push higher with a spike at 0.6730, with hopes to keep the bullish bias intact. According to the…
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USDJPY multi-decade high The Japanese yen remains pressured after the pair broke another fresh high. The bullish bias stays intact as the pair continues the climb alongside a rising trend line, reflecting a strong JPY trend. The bullish…
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AUDUSD boosted by the RBA The Australian dollar continued its comeback as the RBA decision held off on cutting interest rates for now. As the pair searches for a full recovery to the previous swing high at 0.6700, a bearish RSI…
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FTSE 100(UK 100) seeking support The FTSE 100 rebounded on the recent sell-off, but it looks likely to test the recent low at 8125. A cup and handle formation has brought the index to its first key resistance at 8350, which coincides…
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USDCHF drops 100 pips The US dollar saw a sharp reversal against the franc as prices recovered to the downside, prompting renewed interest in dollar analysis. After pulling back after hitting a double top at 0.8880, the greenback looks…
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USDCHF awaits breakout The US dollar holds steady as traders brace for the October inflation reading. On the daily chart, the price seems to be in a triangle consolidation between 0.8900 and 0.9230. The narrowing range is a sign of…
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GBPUSD recoups some losses Cable advanced after the BoE emphasised that it would not cut interest rates any time soon. The price is treading above 1.2050 trying to hold onto the gain from its recent bullish breakout. 1.2290 right under…
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USDCAD breaks higher The Canadian dollar weakened after the BoC left its interest rates unchanged. The pair has capitalised on its bounce off the 20-day SMA (1.3580) and a close above 1.3780 indicates that the bulls have made their way…
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USDJPY grinds major resistance The Japanese yen extended losses after the CPI showed a cooldown in September. On the daily chart, the price is crawling back to its 12-month high of 152.00 as the bulls area tread cautiously in this…
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