Nasdaq remains between daily MAs. Waiting for Powell?
50 day MA at 8052.20 stalled the high again today… The Nasdaq index is down -34 points or -0.43% at 7986.96. The low today reached 7937.12 and the high extended… Read more »
Tag: MAs
USDCAD falls toward 100/200 hour MAs
New session lows for USDCAD The USDCAD is trading to a new session low for the day and in the process, has cracked below the 100 day MA at 1.3292… Read more »
EURUSD positions itself in the middle of hourly MAs as the clock ticks to the FOMC decision
EURUSD may just wait for the FOMC decision for the next shove. The EURUSD has positioned itself near the middle of the 100 and 200 hour MAs (blue and green lines… Read more »
Gold moves above the 100 and 200 hour MAs in up and down week.
Market consolidates in a narrow up and down range this week The price of gold moved higher on the back of the central banks headline that they would stop their… Read more »
GBPUSD moves back down to test the 100/200 hour MAs
The 1.24836 level is home to both MAs The GBPUSD has moved back down, retracing back to the converged 100 and 200 hour MAs The convergence of the 100 and… Read more »
ANZ on the SGD – expect MAS easing (October)
A piece from ANZ on the mass Monetary Authority of Singapore and the SGD. In brief: We changed our view on the Monetary Authority of Singapore (MAS) after … poor… Read more »
Below key MAs after NZ CPI, before RBA minutes
AUD/NZD remains below 21-day EMA after New Zealand CPI data. 61.8% Fibonacci retracement holds the key to declines towards 1.0400. Sellers await RBA minutes for fresh direction. Even if New… Read more »
AUD/USD technical analysis: Stuck between key MAs
AUD/USD is trapped between the 50- and 100-day MAs. Range breakdown looks likely, courtesy of Friday’s US data. AUD/USD is currently trading at 0.6984, representing 0.10% gains on the day. … Read more »