Gradual improvement in RSI joins a sustained break of short-term resistance to favor the further upside. 100-day SMA grabs the spotlight for now. Sustained trading beyond 0.8650/55 horizontal area enables… Read more »
100-day SMA and 61.8% Fibo. hold the gate for the pair’s rise towards 79.60 and 80.00. Failure to cross the key resistance confluence can recall 78.10 on the chart. AUD/JPY… Read more »
AUD/USD moves above 0.7130 to highest level since 27 March That should stir up a bit of confidence for buyers as price moves above the resistance region from last week… Read more »
Gold fell 1.49 percent yesterday – the biggest single-day drop since Mar. 1 – bolstering the bearish view put forward by the inside-day bearish reversal confirmation witnessed over the previous… Read more »
The persistent weakness around the Japanese safe haven gives extra wings to the cross and pushes it to fresh tops near the 126.60 region, coincident with the 100-day SMA. The… Read more »
WTI daily chart WTI is on bid near $56.40 at the initial Monday trading hours. The energy benchmark recently recovered from 100-day simple moving average (SMA) figure around $54.60, which… Read more »
USD/JPY trades near 111.40 during initial Friday. In spite of clearing the 200-day simple moving average (SMA) on Thursday, the pair refrained from extending its upside as 100-day SMA and… Read more »
The swissie continues to stay bid on the day ForexLive As buyers failed to hold above parity level earlier, price has continued to fall with the swissie holding rather firm… Read more »
USD/INR is currently trading at 71.00, having failed to take out the 100-day moving average (MA) in the previous two days. Daily chart As seen above, the rally from Jan…. Read more »
The USD/INR pair fell 0.41 percent yesterday – its biggest single-day decline since Jan. 4 – and could extend the drop to 71.00 today. Daily chart The pair charted a… Read more »