| The Red Box between 1.4334 and 1.4466 was broken to the downside on Monday and Tuesday, but momentum could not be sustained |
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AUDUSD correcting higher after the sharp break and back toward swing area resistance.
2024-12-19
What next for the AUDUSD? What technical levels need to be broken to give buyers some confidence?
The USDCHF buyers are in control.What is needed in the ST to give the sellers some control?
2024-12-18
Getting the USDCHF below and staying below 0.8898 is needed to give the sellers some confidence. Absent that, and the buyers are in firm control.
USDCAD backs off after rising to swing area. Traders may be feeling the pair may be overbought
2024-10-22
Traders are taking a breather in the USDCAD
The EURUSD on the hourly chart gives a clearer view of the risk/bias changing levels
2024-10-17
The 100-hour MA is moving lower and closer to the broken 200-day MA. Tomorrow it should move below that key daily MA, making both of those MAs key risk-defining targets going forward.
USDCHF is stretching above and away from the 38.2% of the move down from July high
2024-10-16
Staying above the 38.2% at 0.8631 and a swing area down to 0.86078 is keeping the buyers in play and control at least in the short term.
USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?
2024-10-14
The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.
USDCAD is confined in an up-and-down trading range. Traders battle and await a break.
2024-08-13
The 1.3717 is support On the topside get and stay above the 100 hour MA at 1.3735 and then the 50% of the range since July at 1.37669 is the bullish roadmap.
The USDCAD trades to a new high after test of Friday’s low finds buyers
2024-08-12
The price is back above the 200 bar MA on the 4-hour chart
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