NZDUSD buyers continue the run off the lows
The NZDUSD stepped higher and trades at new week highs The NZDUSD moved to the lowest level since October 26th this week. The low extended to 0.6481 in trading yesterday. … Read more »
Tag: Buyers
Cable buyers look to retest key near-term level amid weaker dollar
GBP/USD moves towards a test of the 100-hour moving average again ForexLive The pair touches a high of 1.2688 on the session and is closing in on a test of… Read more »
USD/CAD pushes higher as buyers exert further near-term control
USD/CAD rises to session highs of 1.3475 ForexLive The Canadian dollar is now the weakest performing major currency on the day as the loonie comes under pressure on the back… Read more »
76.35/40 is the level to beat for buyers
Three-week-old resistance-time continues to restrict the pair’s upside. Latest lows can offer strong downside support ahead of highlighting January’s bottom. Despite bounce off during late last week, the AUD/JPY pair… Read more »
AUD/USD near-term bias more neutral as election result give buyers some confidence
AUD/USD sits in between both key hourly moving averages currently ForexLive The aussie opened with a gap higher today as the election result was more friendly with the incumbent government… Read more »
Bitcoin tumble yesterday (and rebound) gives buyers and sellers some cause for pause
Coinbase plunge takes price from $7800 to $6600 On Friday, a large 5000 BTC order on Bitstamp (about $39M at the time of the order when the price was trading… Read more »
Buyers challenging the 110.00 figure
USD/JPY daily chart USD/JPY is attempting to base above the 109.00 figure. USD/JPY 4-hour chart USD/JPY is challenging the 110.00 figure as the market is trading above the 50 SMA…. Read more »
GBPJPY bounces but buyers have more work to do to change the bearishness
Remains in a downward channel Looking at the GBPJPY on a hourly chart, the pair remains in a channel defined by a lower trend line at 139.21 and a higher… Read more »
Buyers again target 3-week old resistance-line
Sustained momentum strength indicates the pair’s ability to confront near-term important resistance. The further upside seems doubtful considering RSI and repeated failures to cross resistance-line. Having bounced off the 50%… Read more »
EUR/USD buyers look to seize near-term control as dollar slips on the session
The dollar loses some ground as risk sentiment shows signs of recovery ForexLive EUR/USD climbs to a high of 1.1224 as price now tests the 100-hour MA (red line) @… Read more »