USDCAD moves above the 100 day MA and swing area
CAD lower but the Toronto Raptors are NBA champions The CAD may be lower today, but the Toronto Raptors are the NBA Champions. Adam jumped on that bandwagon (O Canada)… Read more »
Tag: area
GBPUSD trades to fresh lows. Looks toward 1.2600-10 area
GBPUSD takes out levels on the back of the stronger US retail sales. The GBPUSD moved below the 50% retracement of the move up from the May 31 low earlier… Read more »
Long at .6860 Area
Long at .6860 Area AUD/USD OANDA:AUDUSD MKM3535 I am thinking price will fall to the .6860 area and bounce up from there for a possible long term trade in the… Read more »
Market gauge of long-term euro area inflation expectations continue to hit fresh record lows
The ECB’s worst fear is starting to be realised ForexLive The key gauge of long-term Eurozone inflation expectations has fallen to a fresh record low of just 1.19% and has… Read more »
EURUSD stalls so far at the 1.1323 swing area
EURUSD swing highs from April 12 and April 17 The EURUSD moved to new NY session high on the 4 hour chart below, and in the process tested the 1.1323… Read more »
Elliott Wave Analysis: NZDUSD Is Recovering into Wave C); 0.700 Area Is Expected!
NZDUSD made a nice five-wave move within wave A), the first leg of a bigger, three-wave recovery, and later it made a deep three-wave pullback as seen on the chart…. Read more »
The USDCAD has moved down to test the swing low area after jobs data
1.3283-96 area is home to swing areas from back in April The USDCAD has moved sharply lower after a generally weaker US jobs report and a generally stronger Canada jobs… Read more »
AUDCAD stalls at a swing support area. Can the buyers build off that level?
Buyers try to make a play in the AUDCAD The AUDCAD is lower on the day, after the high for the day could not push above the high from yesterday,… Read more »
ECB says that euro area economic recovery has been delayed but not derailed
ECB comments in its financial stability review Says no-deal Brexit poses a material downside risk to euro area GDP growth Sees signs of mild overvaluation in euro area residential property… Read more »
AUDUSD ticks to session highs, but into a resistance area.
AUDUSD tests a ceiling area The AUDUSD has ticked to session highs after stocks ticked higher after the opening (a little risk on flows it seems). The move ticked… Read more »