The stall at the 100-day MA gives the sellers some hope that a corrective move lower is possible in the AUDUSD. |
You Might Also Like
2024-03-12
Traders wait for the next shove.
2024-03-11
…Or is it just a stall before breaking lower?
2024-03-08
The AUDUSD moved above the 50% midpoint of the move down from the December high at 0.6656 but backed off. Buyers had a strong week and are happy taking some profits.
2024-03-07
The USDCAD tests it 200-day moving average 1.34787 and finds some buyers. What next?
2023-12-15
Here’s a quick technical analysis on USDJPY with some fundamental background.
For more visit ForexLive.com
2023-12-13
Discover the key levels that will determine the bullish and bearish bias for EURUSD, providing valuable insights for traders.
2023-12-13
The FOMC rate decision is ahead and the markets are positioning for the decision. Find out the bias, the risks, the targets for the EURUSD, USDJPY and GBPUSD and traders prepare for the final rate decision for the trading year.
2023-12-11
Explore the crucial price levels of the AUDUSD currency pair as it battles between technical zones. Gain insights into potential targets and prepare for market shifts amidst upcoming central bank decisions, injecting volatility.
Tags: Featured,newsletter