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Category: Technical Analysis

BoC cuts to 2.50%, warns trade shocks still a drag
Technical Analysis

BoC cuts to 2.50%, warns trade shocks still a drag

[ad_1] The BoC lowered its overnight rate by 25bps to 2.50% at today’s meeting, in line with widespread expectations. The…

by Trade r edarTSeptember 17, 2025
Loonie Steady as BoC Cuts as Expected, Fed Now in Spotlight
Technical Analysis

Loonie Steady as BoC Cuts as Expected, Fed Now in Spotlight

[ad_1] The forex markets were steady in early U.S. trading, with the BoC’s widely expected 25bps rate cut to 2.50%…

by Trade r edarTSeptember 17, 2025
USD/CHF Outlook: Swiss Franc Renews 15-Year Highs on Shifting SNB Doctrine
Technical Analysis

USD/CHF Outlook: Swiss Franc Renews 15-Year Highs on Shifting SNB Doctrine

[ad_1] Riding on the coattails of dollar weakness and safe-haven demand for much of 2025, USD/CHF currently trades at monthly…

by Trade r edarTSeptember 17, 2025
USD/CAD Mid-Day Outlook – Action Forex
Technical Analysis

USD/CAD Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 1.3721; (P) 1.3752; (R1) 1.3770; More… Outlook in USD/CAD is unchanged and intraday bias stays neutral.…

by Trade r edarTSeptember 17, 2025
USD/JPY Mid-Day Outlook – Action Forex
Technical Analysis

USD/JPY Mid-Day Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 145.98; (P) 146.76; (R1) 147.24; More… Intraday bias in USD/JPY remains on the downside for the…

by Trade r edarTSeptember 17, 2025
USD/JPY Technical: Yen Eyeing a Medium-Term Bullish Breakout Against USD from a 5-month Range
Technical Analysis

USD/JPY Technical: Yen Eyeing a Medium-Term Bullish Breakout Against USD from a 5-month Range

[ad_1] In the last four weeks, the US dollar has weakened significantly against several major currencies, such as the euro,…

by Trade r edarTSeptember 17, 2025
UK Inflation Unchanged at 3.8%, Pound Shrugs
Technical Analysis

UK Inflation Unchanged at 3.8%, Pound Shrugs

[ad_1] The British pound is unchanged on Wednesday, trading at 1.3645 in the European sesison. UK inflation remains entrenched Today’s…

by Trade r edarTSeptember 17, 2025
EUR/GBP Daily Outlook – Action Forex
Technical Analysis

EUR/GBP Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 0.8662; (P) 0.8680; (R1) 0.8715; More… EUR/GBP’s break of 0.8683 resistance suggests that pullback from 0.8711…

by Trade r edarTSeptember 17, 2025
EUR/USD Rallies While USD/JPY Shows Weakness
Technical Analysis

EUR/USD Rallies While USD/JPY Shows Weakness

[ad_1] EUR/USD started a decent upward move above 1.1770. USD/JPY declined below 147.00 and is currently consolidating losses. Important Takeaways…

by Trade r edarTSeptember 17, 2025
Dow Jones (DJIA) Technical: Resting at Key Support Ahead of FOMC, Watch US Treasury Yield Curve to Trigger Bullish Move
Technical Analysis

Dow Jones (DJIA) Technical: Resting at Key Support Ahead of FOMC, Watch US Treasury Yield Curve to Trigger Bullish Move

[ad_1] The price actions of the US Wall Street 30 CFD Index (a proxy of the Dow Jones Industrial Average…

by Trade r edarTSeptember 17, 2025

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