NZD/USD Rebuffed at 2019 Range Resistance
In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. Kiwi is up more than 2.4%… Read more »
Tag: resistance
Topside resistance should put a stop to the GBPUSD rally
100 and 200 hour MA and 50% retracement The GBPUSD has moved up to some formidable topside resistance defined by the 100 hour and 200 hour moving averages at the… Read more »
EURUSD and the resistance rejection we have been waiting for
EURUSD Tech analysis by Simon Kazinsky on 05:31 March 22, 2019 EST When one is looking at a weekly chart things can move pretty slow, particularly if… Read more »
EUR/USD Rejected at Yearly Open Resistance
In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. Euro tested a critical zone against… Read more »
Gold Price Breaks Out to Fresh Highs as EURUSD Rebuffed at Resistance
Gold Price, EURUSD, US Dollar Talking Points: – Yesterday’s FOMC rate decision brought a quick-move of USD-weakness that saw the currency push down to test a key trend-line on the… Read more »
Crude Rally Testing Critical Resistance Zone
In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. Crude Oil prices have rallied nearly… Read more »
EUR/USD Bull Pressure Remains At Major Resistance
bull pressure remains toward major resistance at 1.1419 area. This is coming on the back of its recent gain. Support lies at the 1.1300 where a break will turn attention… Read more »
Gold, EURUSD Test Resistance as USD Goes into FOMC on Back Foot
Gold, EURUSD, US Dollar Talking Points: – Today at 2PM ET brings the March FOMC rate decision. All eyes will be on the dot plot matrix as there are minimal… Read more »
Bitcoin Struggles to Pass Key Price Resistance Over $4K – CoinDesk
View Bitcoin could rise to recent highs near $4,200 in the short-term if prices validate the bullish outside reversal or “engulfing” candle created in the three days to March 16… Read more »
The up move met resistance in the 55-day SMA at 1.1363
The upside momentum in EUR/USD met a strong hurdle in the 1.1365/60 band, where align the key 55-day/100-day SMAs. Spot needs to clear this area to allow for a test… Read more »