AUD/USD continues to weaken as traders price in a more hawkish Federal Reserve, with technical indicators pointing toward a possible move to 0.6950.
Technical Analysis
About Crispus Nyaga
Crispus Nyaga is a Technical Analyst at DailyForex with more than eight years of experience as a financial analyst, coach, and trader. He specializes in technical analysis of major currency pairs and cryptocurrencies, using chart patterns, trend structure, and key indicators to frame trading scenarios for Forex and digital asset markets. Crispus has worked with well-known brokers including ATFX, easyMarkets, and OctaFX, and his market commentary has been published widely on platforms such as Seeking Alpha, InvestingCube, Capital.com, and Invezz.
Areas of Expertise
- Forex trading and major currency pairs such as EUR/USD, GBP/USD, and AUD/USD
- Technical analysis and price action trading
- Cryptocurrency markets including BTC/USD
- Chart patterns such as flags, channels, and triangles
- Trend analysis and moving averages, including EMA and Supertrend-based setups
- Scenario-based trading signals with defined entry, stop-loss, and take-profit levels
Professional Background
- Technical Analyst at DailyForex, publishing regular Forex and crypto signals and forecasts on pairs such as EUR/USD, GBP/USD, AUD/USD, and BTC/USD.
- Financial analyst, coach, and trader with over eight years in the industry, combining market analysis with trader education.
- Experience working with leading brokers including ATFX, easyMarkets, and OctaFX.
- Widely published contributor on platforms such as Seeking Alpha, InvestingCube, Capital.com, and Invezz, where he covers currencies, indices, and cryptocurrencies.
Financial Qualifications
- Extensive hands-on trading and analysis experience across Forex and crypto markets, with a focus on technical setups and risk management.
Education
- Developed his analytical and coaching skills through years of work in financial markets and trader education, building a practical, pattern-based approach to technical analysis.
Media & Industry Features
- Analysis and trading ideas published on well-known financial and trading platforms including Seeking Alpha, InvestingCube, Capital.com, and Invezz.
Podcast & Market Commentary
Crispus provides regular written market commentary at DailyForex, where he explains how chart structures, economic data, and risk sentiment shape opportunities in pairs like EUR/USD, GBP/USD, AUD/USD, and BTC/USD. His signals include clear trade parameters—entry zones, stop-losses, and take-profit levels—so traders can see how technical patterns translate into actionable scenarios.
Trading & Market Philosophy
Crispus’s trading approach is built around technical structures and disciplined risk control, using patterns such as flags, channels, and triangles along with moving averages and indicators like the Supertrend to define bias and invalidation levels. He focuses on mapping bullish and bearish scenarios with clear levels rather than predicting a single outcome, encouraging traders to respect trend, volatility, and key support and resistance zones.
Latest 12 Articles
Bitcoin remains vulnerable above the $60,000 support zone as ETF outflows, weak liquidity, and Fed hike risks keep the bearish outlook intact.
Technical Analysis
EUR/USD is struggling below key technical resistance as traders focus on the ECB rate decision and persistent inflation pressures on both sides of the Atlantic.
Technical Analysis
Top Regulated Brokers
Bitcoin remains bearish as risk-off sentiment, ETF outflows, and weak technical momentum keep sellers focused on the $55,000 support zone.
Technical Analysis
AUD/USD remains bearish as rising US yields, risk-off sentiment, and a bearish flag pattern keep sellers focused on 0.6900.
Technical Analysis
GBP/USD is attempting a bullish recovery after forming a double-bottom pattern, though upcoming US CPI and UK GDP data could determine whether gains continue.
Technical Analysis
Advertisement
Bitcoin is attempting a short-term rebound, but weak technicals, ETF outflows, and upcoming US CPI data keep the broader bearish outlook intact.
Technical Analysis
AUD/USD remains bearish as strong US jobs data, rising Fed hawkishness, and a stronger US dollar push sellers toward the 0.6950 target.
Technical Analysis
EUR/USD is testing key support near 1.1500, with upcoming ECB and US CPI releases likely to determine whether the recent bearish trend extends toward 1.1400.
Technical Analysis
Bonuses & Promotions
The GBP/USD pair retreated to 1.3340 on Monday morning, continuing the sell-off that started last week after the stellar US inflation numbers.
Technical Analysis
The BTC/USD pair held steady above 60,000 as traders waited for the latest update from Michael Saylor’s Strategy and the upcoming US consumer inflation report.
Technical Analysis
The AUD/USD exchange rate plunged to its lowest point since April 13, after forming a small bearish flag and rising wedge pattern. It retreated to 0.7045
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address