The 200 day MA, 100 bar MA on the 4-hour chart and the swing area between 0.66189 to 0.66287 is the bias defining level today and into next week. |
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2024-10-09
In the video, I take a technical at the AUDUSD. The sellers are looking to increase the bearish bias with a technical break below the 38.2% of the move up from the August low at 0.67146
2024-08-08
Getting above the 200-hour MA is needed to increase the bullish bias. The 100-hour MA did find support near the MA today.
2024-08-07
The price moved above a swing area between 0.8549 and 0.8579 and then the 38.2% retracement of the move down from last week’s high at 0.8601.
2024-08-06
Or conversely, what would give the sellers more hope in the broader US stock indices today and going forward?
2024-05-31
The 100 bar moving out on the 4-hour chart is topside resistance at 1.36586
2024-05-30
The price of the NZDUSD is trading between the 200-hour MA at 0.6118 and 100-hour MA at 0.6132.
2024-05-29
The USDCHF is mired in up and down choppy trading today
2024-05-28
Sellers are making a play in the USDCHF after highs last week could break any higher.
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