100-day MA is again reversing bounce
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 »
Tag: Bounce
Euro’s bounce slows as focus shifts back to economy, ECB policy By Reuters
© Reuters. Wads of euro banknotes are stacked in a pile at the Money Service Austria company’s headquarters in Vienna By Shinichi Saoshiro TOKYO (Reuters) – The dollar held steady… Read more »
Yen, US Dollar May Bounce as Markets Weigh Auto Tariff Threat
TALKING POINTS – YEN, US DOLLAR, TRADE WAR, CHINA, AUTO TARIFF Yen and US Dollar down, commodity FX up as China talks up US trade talks Thin data docket, US… Read more »
British Pound Could Be Ready For Another Bounce
At this point, it’s obvious that the entire world is paying attention to the Brexit when it comes to the financial markets. However, you should always keep in mind that… Read more »
AUD/USD Eyes Resistance, AUD/NZD Resumes Fall, GBP/AUD May Bounce
Australian Dollar Technical Forecast AUD/USD sought to recover some losses this past week, can it keep going? AUD/NZD is a step closer to resuming its dominant downtrend from August GBP/AUD… Read more »
Elliott Wave Analysis: NZD/USD Waiting For A Bounce
The may have a completed five-wave drop here at 261,8% Fibonacci extension of the wave »i«, so with weak expectations, it’s a perfect time for an a-b-c pullback. However, there… Read more »
Bounce Finds Sellers Sub-125, Break on the Horizon?
EUR/JPY Talking Points: – After a significant surge of Yen-strength to start the year, EUR/JPY has spent much of the time since in varying forms of recovery, adhering to a… Read more »
Euro to Bounce off Support Next?
EUR/USD Technical Highlights: Euro is trading from resistance to support Bounce looks likely, a break would be reason to turn more aggressively short Check out the Euro Q1 Forecast to… Read more »
Cable Support in-Focus After BoE Bounce
GBP/USD Talking Points: – The British Pound continued to slide into yesterday’s BoE rate decision, which was the first ‘Super Thursday’ meeting at the bank in 2019. As the bank… Read more »
Sellers Seek Bounce for a Trade Setup
AUD/USD Technical Strategy: BEARISH Aussie Dollar breaks 2019 support, hints downtrend resuming Near-term sellers might be deterred as prices hover at support Shorts may find an opening as RSI divergence… Read more »