Bearish bias remains, upside seems capped at 100-hour SMA
• The USD/JPY pair failed to capitalize on the overnight bounce from the 109.00 neighbourhood and met with some fresh supply during the Asian session on Wednesday. • … Read more »
Tag: capped
Bitcoin (BTC) Capped, US SEC Delay, It’s now A Matter Of WHEN
Bitcoin (BTC) prices up but in tight ranges The US SEC delays their decision on Bitwise Bitcoin ETF After their decision on Bitwise Bitcoin ETF, all eyes are on the… Read more »
Dollar Inches Higher, but Gains Capped by Yen on Trade Concerns By Investing.com
© Reuters. Investing.com – The U.S. dollar climbed against its rivals on Tuesday, on data showing underlying strength in the labor market, but upside was limited by a rise in… Read more »
EUR/USD Rebound Could Be Capped, US GDP Impresses
29 April, 2019 by Aayush Jindal in Market Analysis Key Highlights The Euro declined to a new monthly low at 1.1110 and later recovered against the US Dollar. A crucial… Read more »
Upside capped near 80.45/50, all eyes on Australian jobs data
AUD/JPY is trading near 80.40 during early Thursday. A week-long horizontal-line and a downward sloping trend-line joining recent highs together indicate 80.45/50 as a near-term strong resistance for the quote…. Read more »
Gains capped at 147.00 despite Brexit optimism
GBP/JPY’s struggle for a convincing break above 147.00 continues in Asia despite Brexit optimism. British MPs passed the Cooper Bill yesterday, removing another barrier to “no-deal Brexit”. Pound picked up… Read more »
Oil gains remain capped by key resistance levels as OPEC+ kicks the can down the road
No OPEC+ decision on production cuts extension until June ForexLive Hopeful optimism and greater drawdowns in inventories have helped to keep oil prices underpinned so far this year, but is… Read more »
Attempted recovery move remains capped at 50-hour SMA
• The pair failed to capitalize on the attempted intraday recovery from two-month lows and continued with its struggle to make it through 50-hour SMA amid a goodish pickup… Read more »
Upside in spot appears capped by 55-day SMA around 1.1380
The pair remains consolidative in the upper-1.1300s for the time being, although further gains need to clear the critical resistance at the 1.1380 region, where is located the 55-day SMA…. Read more »
Remains capped below 50% Fibo. level post-Draghi
• Barring an early European session dip, the pair has been oscillating within a narrow trading band above the 1.1400 handle/just below 50% Fibonacci retracement level of the 1.1570-1.1289… Read more »