USDCAD in neutral area ahead of oil inventory data
Between 100 and 200 hour MAs The USDCAD fell back below its 100 hour MA in the early NY session (blue line) but that break was short lived, and the… Read more »
Tag: area
Trend line broken but swing area not….
Price bounces off the binary trade level Looking at the hourly chart below, the price is moving back away from the overlay of the 100 day MA and looks toward… Read more »
Gearing up for a move towards recent swing highs, around $1313 area
• After an Asian session dip to $1298, the precious metal regained positive traction and was seen building on Friday’s goodish bounce from 200-hour SMA. • Currently hovering… Read more »
GBPUSD moves above ceiling area. Can it stay above?
The 1.3286 has been a ceiling over the last 24 plus hours (and a swing level in the past) The GBPUSD is trading above the 1.3286 level which has been… Read more »
Consolidating above critical area that supports bullish bias
The USD/MXN pair is rising today after falling during four days in-a-row on the back of a weaker US dollar. So far today, gains are limited and price remains above… Read more »
USD/JPY Sees Rally With Eyes On Key Resistance Area
sees a rally with eyes on key resistance area located at 11213. Further out, resistance comes in at 112.50 level. Above this level will shift focus to the 113.00 level… Read more »
S&P tests/breaks (?) key ceiling area
S&P ceiling at 2813.50 to 2817 is being tested The S&P is up testing/breaking(?) a ceiling at the 2813.50 to 2816.94 ceiling. There have been 5 swing highs in that… Read more »
Bulls remain in control, now targeting 50% Fibo. resistance around $1313 area
• The precious metal built on its recent bullish trajectory from six-week lows and continued gaining traction on Wednesday, marking the third day of positive momentum in the previous… Read more »
NZDUSD squeezes to the swing target area
Is there some profit taking here? The NZDUSD is squeezing higher and looks to test a swing area from Feb 25 to Feb 27. That swing area comes in at… Read more »
GBPJPY tests key technical area
200 day MA and 50% of the move up from February low tested The GBPJPY is testing a key support target defined by: 50% retracement of the move up from… Read more »