| The 1.0405 level in the EURUSD is the 200-hour MA and the 50% midpoint of the EURUSD range since the 2022 low |
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The 61.8% retracement of the range since the January 24 high is in play as well.
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The USDCAD has bounced after sellers yesterday could not keep the downside momentum going
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A swing area between 1.0332 to 1.0343, 100 hour MA at 1.03539 and 50% at 1.0371 have all been broken in the EURUSD. Bullish tilt and control.
RBNZ rate decision in the new day and the NZDUSD is breaking to a new low. What next?
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USD selling pushes the USDCHF lower but the 100/200 hour MA is stalling the fall
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The 100/200 hour MA stalled the fall so far the 0.8862 area
A technical look at the commodity currency pairs. AUDUSD, USDCAD and NZDUSD.
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What are the technicals in the major currency pairs telling us?
The consolidation in the USDCHF trading continues. What should traders look for going forward?
2024-09-23
The 38.2% stalls the rally at 0.8517. The cluster of moving averages between 0.8475 to 0.8479 are targets.
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