USDJPY gets closer to it’s 100 day moving average
100 day moving average currently comes in at 109.54. The USDJPY cracked below the 200 hour moving average at 110.05 and stayed below that level since the break. That was… Read more »
Tag: moving
USDJPY moved back down to test its 200 hour moving average
Testing the low for the day and the moving average/38.2% retracement The USDJPY has been moving up and down in a trading today. The low has been defined by support against the… Read more »
Crude oil was back down and below its 100 day moving average
100 day moving average at $66.23 The price of WTI crude oil futures has moved back down below its 100 day moving average is 66.23. It currently trades at $66.13. The low… Read more »
Spot a false break before price moving down in the channel line
Spot a false break before price moving down in the channel line British Pound/Swiss Franc FX:GBPCHF Bl4ckmonday161 In TFWEEK, GBPCHF is having bearish momentum in this channel line. We spot… Read more »
Gold flirts with the 200-day moving average in rally
Gold up $18 I think the reflation trade is about to come back to life as infrastructure comes into focus and Powell emphasizes patience on tapering/raising rates. The bond market… Read more »
GBPUSD breaks below its 100 hour moving average and trades to new lows
100 hour moving average at 1.3167 The GBPUSD took the clues from the technicals after early support near the 38.2% retracement held and the price rebounded back above its 200… Read more »
US dollar moving to new lows. USD is now the weakest of the major currencies
The CAD is the strongest The USD is now the weakest of the major currencies. The CAD remains the strongest. The greenback is trading to new session lows verse the GBP, CHF, CAD,… Read more »
eToro Is The Latest Crypto Exchange Moving To Miami
The ‘Miami Migration’? ‘Florida Flocking’? While there is no term coined yet, eToro is looking to get their name in the mix as there is undoubtedly more attraction routinely being… Read more »
Moving beyond the crisis narrative: Crypto in a post-pandemic world
Everyone knows the story. When the first block of Bitcoin (BTC) was mined, the protocol itself entered a world of grave economic uncertainty. Not long before the market would hit… Read more »
Bitcoin bounces near its 100 hour moving average keeping the bullish bias
100 hour moving average at 46,311 The price of bitcoin dipped earlier today and in the process got very close to its 100 hour moving average (blue line). That level currently comes in… Read more »