EURGBP May Find Buyers Soon
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the… Read more »
Tag: Buyers
EURUSD backs off the highs in early NY trading. Buyers take price above 100 hour MA.
The 100 hour MA is at 1.0777 level The EURUSD has moved higher in the session today and in the process has been able to extend above its 100 hour moving… Read more »
EUR/USD starts to form a more solid base for now, can buyers capitalise?
EUR/USD is looking to keep above its 100-hour moving average ForexLive The pair has been consolidating losses around 1.0650 to 1.0800 over the past few sessions before we see a… Read more »
USDNOK Buyers Continue To Respect Blue Boxes
In this blog, we are going to take a look at the Elliottwave chart of USDNOK. The chart from March 13 London update shows that the cycle from March 9,… Read more »
S&P 500 Forecast: Finding Buyers at Crucial Level
The S&P 500 continues to find buyers at the 2350 level, an area that is crucial due to the fact that it was the blow from Christmas Eve of 2018,… Read more »
Bitcoin Traps Buyers With Biggest Daily Price Loss in Three Months – CoinDesk
View Despite an $800 fall on Wednesday, bitcoin’s broader trend remains bullish with prices holding above the higher low of $9,075 (Feb. 4 low). However, yesterday’s bearish engulfing candle has… Read more »
1.3200 becomes the tough nut to crack for buyers
The eight-week-old falling trend line, 61.8% Fibonacci retracement guard the pair’s near-term upside. Sustained break of 50-day SMA propels the quote to 100-day SMA. The early-month top could challenge sellers… Read more »
Weaker Yen Means Japan’s Big Bond Buyers Shy From Foreign Debt By Bloomberg
(Bloomberg) — The yen’s drop is becoming a problem for Japan’s life insurers, some of the biggest investors in global bond markets. The currency’s 1.4% slide against the dollar this… Read more »
21-day SMA, Wednesday’s Doji question the buyers
AUD/USD stays positive above 200-day SMA, 38.2% Fibonacci retracement. Bearish candlestick formation, MACD doubts the recent strength. 0.7000 becomes the key resistance. AUD/USD rises to 0.6920 during the early trading… Read more »
Bitcoin consolidates gains after dip finds buyers
Trades to highest level since December 23rd The price of bitcoin on Coinbase, has moved to the highest level since December 23rd. The high price reached up to $7615.68. The… Read more »