Bitcoin corrects higher and finds willing sellers against a key hourly moving average.

2024-02-29

The USDCAD 100 day MA comes in at 1.35457, and the 50% of the move down from the October high at 1.35378. That area is key support.

2024-02-27

The AUDUSD consolidates above the 100 bar MA on the 4-hour chart and key swing area, and below the 200-day MA and 200 bar MA on 4-hour chart.

2024-02-26

RBNZ rate decision on Wednesday in New Zealand (8 PM ET on Tuesday)

2024-02-19

It is the President’s Holiday in the US, but the EURUSD is still trading. THe price action today did find resistance in the Asian and early European session against the 100 day MA. Later the price could support against the 200 hour MA. So the levels are defined. Now traders need just wait for the break.

2023-11-29

The AUDUSD has surpassed its 200-day moving average and swing area, establishing them as support levels. However, the pair struggles to close above the 61.8% retracement, which now acts as resistance.

2023-11-28

The USDJPY plummeted below the crucial 147.33 support level, increasing the bearish bias. Traders to now anticipate a potential bounce off the 100-day moving average at 146.90.

2023-11-27

The USDJPY is making new session lows and in the process is moving below last Tuesday’s high and last Wednesday’s low. That level comes in at 148.59. Going forward getting and staying below that level will keep the sellers more in control.

2023-11-24

Kickstart your FX trading by understanding the technicals driving the forex market in 3 of the major currency pairs.