GBP/USD races to a high of 1.2911 before backing off the figure level ForexLive There wasn’t any real notable headline for the spike from 1.2880 but buyers are just testing… Read more »
USD/JPY falls to 108.35 and tests the 200-hour moving average ForexLive The pair is now running into support from the 200-hour MA (blue line) with the 100-hour MA (red line)… Read more »
Price breaks below the trendline support and the 200-hour moving average ForexLive But the move lower in EUR/USD comes as the pair also breaks key support levels with the near-term… Read more »
USD/JPY touches a high of 108.75 and looks towards the 109.00 handle ForexLive After testing support at the 108.00 handle yesterday, price recovered back to test the key hourly moving… Read more »
Price currently sits between the two key hourly moving averages ForexLive If you’re wondering about the lack of movement in EUR/USD to start the week it’s mainly because price action… Read more »
GBP/USD closes in on a test of the 200-hour moving average ForexLive The pound is slipping across the board ahead of UK data to be released at the bottom of… Read more »
GBP/USD buyers defend the 100-hour moving average in downside move earlier ForexLive Buyers continue to keep the near-term bullish momentum going as price fails to break below the 100-hour MA… Read more »
Price searches for direction after another failed attempt to the upside ForexLive The highs overnight and today coincided with tests of the 100-day MA and once again buyers were unable… Read more »
USD/JPY price action remains “trapped” so far today ForexLive It’s a bit of a tricky situation for USD/JPY to start the week. On the one hand, equities sentiment is holding… Read more »
Price now sits above the 100 and 200-hour moving averages ForexLive Buyers managed to seize near-term control in Asian trading after previously failing to move above the two key hourly… Read more »