EURUSD trades below 50% midpoint of March range
Moving averages broken on the run lower today The PMI data out of the EU were much weaker than expexted and the EURUSD raced lower. Looking at the 1 minute… Read more »
Tag: trades
USDCHF trades to new session lows and tests 100 day MA in the process
Flight into the safety of the CHF The USDCHF is finding some safety bids into the CHF. As a result, the USDCHF is hitting fresh session lows. In the process,… Read more »
USD/JPY Trades Within a Triangle
traded higher overnight but hit resistance slightly below the 111.75 zone, near the upper end of a triangle formation that’s been in place since the end of February. Then, the… Read more »
S&P trades to new session highs
Up 61% on the day The S&P index has just extended to a new session high reaching 2851.76. The index last week tested swing highs at 2817 area. This week… Read more »
The NZDUSD defines its extremes. Trades near high ceiling.
Trend line below. Ceiling above. The NZDUSD moved lower in early Asian trading and in the process fell below the 100 hour MA but not far away was a lower… Read more »
USDJPY trades in a narrow range and waits for a push
Trades in a 20 pip range What’s the good news about a 20 pip trading range for traders? The expectation that it won’t stay that way forever. That is there… Read more »
GBPUSD trades near session lows. The 1.3300 level is the new ceiling.
The rising 100 hour MA is being approached The GBPUSD is trading near session lows and in the processs is getting nearer the 100 hour MA at 1.3219 level (blue… Read more »
Sterling recovers some poise; cable trades near session highs now
Cable moves up to 1.3260 levels after touching a low of 1.3203 earlier ForexLive Choppy price action continues for the pound as markets now have to wait on further developments… Read more »
Bitcoin Trades Flat While Altcoins Tease Bull Breakout – CoinDesk
View Bitcoin is lacking clear directional bias for a ninth straight day, neutralizing the bullish view put forward by a long-tailed doji candle created on Feb. 27. As a result,… Read more »
USDJPY trades to NY session lows and tests 100 hour MA
The USDJPY moved 3 times above a cluster of technical levels and each time failed. Ceiling The USDJPY is down testing the 100 hour MA at 111.27 (NY session low)…. Read more »