The USDJPY moved lower earlier in the session, but the decline found willing buyers at the 100-hour moving average, a level that has proven important in recent trading. This same moving average held as support on Wednesday last week, triggering a bounce higher. Today’s test produced a similar reaction, with buyers stepping in once again….
The EURUSD has moved higher today, extending a rebound after last week’s sharp selloff into the Friday close. Recall that on Friday the pair broke below the November 2025 swing lows at 1.1491 and 1.1468, opening the door for additional downside momentum. That break helped push the pair to a session low of 1.14102 before…
EURUSD falls to new 2026 lows before corrective bounce The EURUSD moved sharply lower earlier in the day, extending its bearish momentum and breaking to new lows for 2026. In the process, the pair also traded to its lowest level since August 2025, highlighting the continued downside pressure in the currency pair. The move lower…
The USDCHF moved to its highest level since January 23 earlier in the session as the U.S. dollar attracted buying interest. Since that high, the pair has retraced part of the advance, but it continues to hold a gain of about 0.19% on the day, keeping the bullish tone intact for now. Key support tested…
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