EUR/USD Technical Strategy: BEARISH Euro range break unravels, rally rejected at 12-month resistance line Sellers now targeting key counter-trend support just above 1.13 figure Break lower would point to resumption… Read more »
The 50 day MA comes in at 2626.53. High reaches 2625.50. Netflix is the first major tech firm to report after the close. The S&P moved to a new session… Read more »
AUD/USD threatens a firm break below the 100-day MA ForexLive Sellers managed a marginal close below the 100-day MA (red line) yesterday but I wouldn’t consider it a real break… Read more »
200 hour MA at 0.67815 and 0.67875 The NZD is the weakest of the majors today but we are seeing a correction higher in the early NA session. The price… Read more »
Price extends to the downside after break of key hourly MAs yesterday ForexLive Buyers were unable to keep hold of a move above the 1.1400 handle earlier today and the… 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 »
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 »
Sellers remain in near-term control ForexLive But downside move remains limited by the 1.3200 handle and the 100-day MA (red line) @ 1.3182. Despite a reiteration of dovish comments by… Read more »
Range for the week <100 pips (that’s not a lot). Look for a range extension The GBPUSD this week has seen ups and downs and ups and downs again. Today… 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 »