Stay above MAs tilts the bias back to the upside The EURUSD moved sharply higher yesterday and in the process extended above its 100 and 200 hour moving averages (blue and green… Read more »
Friday, Sept. 6 — The Bitcoin (BTC) price is holding around the $10,400 price mark after the largest cryptocurrency got rejected in its attempt to break $11,000. Market visualization. Source: Coin360… Read more »
Retracing the earlier gains The USDCHF has moved back into the area defined by the 100 and 200 hour MAs at 0.98576 to 0.98671 area. That is a big reversal… Read more »
The price has not been above the 200 hour MA since July 23rd. The NZDUSD reversed higher in trading today after an early Asian session fall stalled at a lower… Read more »
The 100 hour MA couldn’t really be broken…. The GBPUSD has worked back lower after the NY session run higher, got back above the 100 hour MA for a few… Read more »
USDCAD is still higher on the day The USDCAD has moved down from a recent swing high area in the 1.3314-198 area. The dip has taken the price back down… Read more »
Spoils the sellers party… The GBPUSD first moved above the falling 100 bar MA, and the 50% of the move down today (see earlier post). Now the pair is working… Read more »
Major indices close lower as yield curve inverts more The yield curve inverted more today and stocks worried about the recession implications of such moves. Nevertheless with an hour to… Read more »
Major indices are still lower but well off lows With an hour to go, the major stock indices are making a comeback from lower levels in what has been an… Read more »
Watch the 100 hour MA for clues on correction The GBPJPY moved above the 38.2% of the move down from the July 25 high on the hourly chart yesterday at… Read more »