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The GBPUSD tried to get above its 100-hour moving average for the 3rd day in a row. This time, the time above was quick (and the quickest of the three - see blue line on the chart below). The point is that buyers had their shot once again…

The market still fears the 150.00 level in the USDJPY. There was a run above at the start of the month and a quick 280 PIP move back to the downside. This week, there was a 100 PIP tumble in a minute of trading on another BOJ fear schism.…

A Reuters journalist has been killed and six journalists were injured after shelling in southern Lebanon. “We are deeply saddened to learn that our videographer, Issam Abdallah, has been killed,” said a Reuters spokesperson.The shelling…

The GBPUSD moved above its 100-hour moving average yesterday after trending lower for the 1st half of the trading week. The move back above the 100-hour moving average give the buyers the go-ahead to push higher toward the 200-hour moving…

The EURGBP has seen price action move lower in the Asian and early European session but has seen a rebound in the early New York session. The price of the pair has returned back into its 200-hour moving average of 0.86607 and for the 2nd…

The AUDUSD traded at the week's low on Monday in the 1st hour of trading at 0.63706. The price moved sharply higher on that day, but by Wednesday, the price had rotated back down toward the lows into a swing area between 0.63791 and…

Per a Bloomberg Law report, in an upcoming fraud trial scheduled for October, FTX co-founder Sam Bankman-Fried is preparing to call seven expert witnesses, potentially paying them up to $1,200 an hour, to testify on his behalf.  According…

USDJPY back down testing the lowsThe early buying of the USD in the North American session, took the price above its 100-hour moving average near 145.70. The high price reached 145.755 and 145.733 consecutive hourly bars. However, momentum…

The USDJPY is moving higher helped by stronger US data today. The move to the upside has the pair testing the 100-hour MA at 140.99. The 50% midpoint of the recent move lower comes in at 141.15. Getting above those levels is needed to…

USDJPY attempted to move above the 100 hourly moving average at 138.457 (blue line in the chart below). The price moved above this moving average during yesterday's trading, and was unable to maintain the momentum. Today, the price tried…