AUDUSD Chart Shows Bears in Control
AUDUSD TECHNICAL OUTLOOK – TALKING POINTS Spot AUDUSD tumbled 131 pips this past week following a hard rejection of the 0.7000 handle – a hefty area of resistance which previously… Read more »
Tag: control
Cable extends decline as sellers look to seize near-term control
The pound continues to fall with cable slipping amid a firmer dollar as well ForexLive GBP/USD is now hitting session lows as price runs into a test of the 200-hour… Read more »
USD/JPY buyers look to establish near-term control amid improvement in risk appetite
USD/JPY barely holds above the 200-hour moving average ForexLive Price is trading at one-week highs and is finally creeping above the 200-hour MA (blue line) @ 108.59 as buyers look… Read more »
WTI crude oil trades to new session lows. Bouces but bears still in control.
Bearish inventory data pressures the price The weekly DOE inventory data showed a larger than expected build in inventories (6771K vs -2000K expected). That sent the price of crude oil… Read more »
MSFT) Looking for buyers to remain in control
Microsoft ( NASDAQ: MSFT) established new all time highs back in April the 25th and since then it saw a 9% drop. MSFT follow the same code as the rest… Read more »
Bulls regain near-term control ahead of RBA on Tuesday
• The AUD/USD pair built to its recent recovery from multi-month lows support, near the 0.6865 region and climbed to three-week tops during the mid-European session on Monday. … Read more »
Cable buyers look poised to seize near-term control
This is a time when positioning may actually help the pound to strengthen ForexLive The pound is among the better performers today as cable rises above the 100-hour MA (red… Read more »
EUR/USD sellers in near-term control, what levels to look out for today?
EUR/USD holds below both key hourly moving averages after overnight drop ForexLive The pair sits just under the 200-hour MA (blue line) seen at 1.1172 as sellers continue to defend… Read more »
Cable sellers remain in near-term control, what levels to look out for today?
GBP/USD hovers just under the 100-hour moving average ForexLive Price action has been rather muted since overnight trading as US traders were away but with London traders returning today, we… Read more »
Cable near unchanged levels as buyers fail to wrestle back near-term control
Cable falls back to near session lows around 1.2720 currently ForexLive The pound has seen an optimistic start to the week fade as we get things going here in the… Read more »