Stocks come highs and drags the USDJPY lower The USDJPY moved back toward the close from yesterday (at 110.59) after stocks reversed and a broken trend line stopped holding support… Read more »
USD/INR is currently trading at 71.28, having seen a strong bounce from the 200-day moving average (MA) on Wednesday. The upside was capped by the 100-day MA earlier this month…. Read more »
50% held the low today Yesterday the USDCAD fell below the 100 hour MA (blue line at 1.32739 currently) and proceeded to check off lower targets into the Asian session…. Read more »
Down -$5.50 on the day or -0.44% The price of gold traded near a high trend line today (see red circle 3) on the hourly chart. That Trend line held… Read more »
The 200 hour MA is catching up to the price too The GBPUSD is ping ponging between the 100 hour MA above and the 200 day MA below. The 200… Read more »
Been above the 50 hour MA since January 4 The major US stock indices moved above their 50 hour MAs back on January 4th and since that time, the price… Read more »
Support buyers stall at the 200 hour MA The GBPUSD moved lower on May comments but stalled at the 200 hour MA. The price is pushing higher now and looks… Read more »
100 hour MA stalls rally above. The low today did break below the 200 hour MA but momentum stalled near 50% retracement The GBPUSD – before Plan B announcement –… Read more »
200 hour MA and 100 day MA retested The AUDUSD has erased earlier declines. The low today reached 0.71458 which was the near the low from January 10th. That level… Read more »
Look for sellers on rallies The EURUSD traded between the 100 and 200 hour MAs since breaking below the 100 hour MA on Friday (see yellow area in the chart… Read more »