Get below the swing area, and the sellers add to their control |
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2024-02-16
The EURUSD is ending the week near key MAs. Those MAs will be the key barometer for both buyers and sellers going into the new trading week.
2024-02-15
The EURUSD 100-day MA comes in at 1.07853 and stalled the rally today.
2024-02-14
The GBPUSDs 200 day MA is resistance at 1.25625. ON the downside moving below the 38.2% of the move up from the September low comes in at 1.25245 and remains a downside target.
2024-02-13
USD moves higher and shifts the bias for the 3 major commodity pairs
USDCAD 0:20
AUDUSD 2:46
NZDUSD 4:29
2023-11-20
AUDUSD buyers are making more of a play to the upside.
2023-11-16
Here’s a quick technical analysis on the S&P 500 with some fundamental background.
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2023-11-13
Work to do on the downside for the sellers including getting below the 200 hour and 50% retracement
2023-11-10
The USDCAD is extending higher, reaching new highs for the week. It is trading above a swing level at 1.3813, with the next upside target at 1.3840 – 1.38512. The daily chart shows additional resistance at 1.3860, corresponding to swing highs from October 2022. This surge marks a significant move for the USDCAD.
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