50-day SMA limits the upside under the short-term symmetrical triangle. 200-DMA can question sellers if defying the immediate technical pattern. The bounce from 38.2% Fibonacci retracement witnesses pullback from 50-day… Read more »
Asia Pacific Market Open Talking Points Weakness in European currencies boost the US Dollar GBPUSD sinks through support, extends its downtrend AUDUSD may rise if RBA minutes cool rate cut… Read more »
Gold makes its way below both the 100 and 200-hour moving averages ForexLive Buyers went looking for a break on Friday as stops were run just above the $1,350 level… Read more »
EUR/USD is challenging the 200-hour MA but so far sellers are winning out ForexLive The pair briefly hit a session high of 1.1289 but sellers are continuing to hold a… Read more »
EUR/USD continues to sit in between both key hourly moving averages ForexLive The near-term bias in the pair is more neutral now as price holds below the 100-hour MA (red… Read more »
USD/JPY crawls back up to 108.38 after falling to a low of 108.17 earlier ForexLive With that, price is moving back above the 200-hour MA (blue line) and that sees… Read more »
may see more upside especially if we consider possible higher prices on that we see is now trading in wave B). Ideally, support comes in at 52.60. stays in a… Read more »
The pound continues to fall with cable slipping amid a firmer dollar as well ForexLive GBP/USD is now hitting session lows as price runs into a test of the 200-hour… Read more »
USD/JPY barely holds above the 200-hour moving average ForexLive Price is trading at one-week highs and is finally creeping above the 200-hour MA (blue line) @ 108.59 as buyers look… Read more »
21-DMA, February lows limit immediate upside. Early-2019 levels regain market attention amid no surprises from RSI. Other than February month low and recent highs, GBP/USD also lags behind 21-day SMA… Read more »