Biggest surge since January; AUDUSD gains momentum after US CPI data, eyeing 100-day moving average. |

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2023-08-29
The 100 bar MA on 4-hour chart at 0.8789 is the downside target and will need to be broken to increase the bearish bias.

2023-08-25
A technical look at the 3 major currency pairs as traders prepare for the Fed Chair speech at Jackson Hole

2023-08-23
Both the S&P and NASDAQ index are correcting higher. Indices trading at new week highs

2023-08-22
The technicals that are driving the commodity currency pairs on August 22, 2023. Including is a look at the USDCAD, AUDUSD and the NZDUSD.

2023-08-21
Traders will be watching support near 0.8779 as key borderline support

2023-06-01
Above the 38.2% retracement of the May trading range at 1.24493.
The buyers in the GBPUSD are making a play to the upside from a technical perspective in trading today. The pair has been able to get above the 38.2% retracement of the May trading range at 1.24493. There was a dip after the ADP jobs report that took the price back toward that level but support buyers came in, and or forcing the price to new session highs. The next key target comes against the 50% midpoint of that May trading range at 1.24933. Get above that level and trays with target a another swing area between 1.25367 and 1.25474
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