Sellers continue the run lower in the USDCHF
Testing swing area target. The USDCHF has moved lower in 9 of the last 10 hourly bars. That has taken the price from 0.9452 to a low in the current… Read more »
Tag: sellers
Natural Gas ( $NG_F) Found Sellers After Elliott Wave Double Three
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas ( $NG_F) published in members area of the… Read more »
Rising wedge on hourly chart keep sellers hopeful above $41.00
WTI seesaws in a choppy range between $41.14 and $41.29 following its pullback from three-week high. Repeated failures to cross June month high, bearish chart formation signal buyers’ exhaustion. $40.90/85… Read more »
AUD/USD a little lower on risk struggles, but sellers have more work to do
AUD/USD touches a low of 0.6921 amid a slight dent to the risk mood in early trading but isn’t running anywhere just yet For bank trade ideas, check out eFX… Read more »
AUD/USD slips further on the day, sellers start to seize near-term control
AUD/USD is down 0.5% to a low of 0.6928 For bank trade ideas, check out eFX Plus The more defensive risk tone is continuing to reverberate in the market to… Read more »
Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern
Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago. This breakdown has come about following a recent rejection… Read more »
Indonesian rupiah sellers will look for entries beyond 14,420/25
USD/IDR defies the previous day’s candlestick formation to extend the recoveries from 14,060. 200-day SMA and the resistance line of a seven-week-old falling trend channel guards immediate upside. The channel’s… Read more »
Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers
Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher… Read more »
RSI divergence keeps sellers hopeful inside nearby rising channel
NZD/USD refreshes intraday high following upbeat comments from New Zealand Finance Minister Robertson. RSI divergence on the hourly chart can drag the quote to 0.6420/25 support confluence. February month high… Read more »
Bitcoin Halving Means Miners Will No Longer Be Biggest Sellers of BTC
Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, the selling… Read more »