...Or is it just a stall before breaking lower? |
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NZDUSD falls to support and consolidates. Sets up the battle for control next week.
2024-01-19
NZDUSD consolidates near strong support at 0.6071 to 0.60897, setting the stage for a crucial week ahead.
The AUDUSD is waging a battle between support and resistance targets. What next?
2024-01-18
A swing level and the 100-day MA is support. The 50% and the 200-day MA is resistance above.
EURUSD bounces off the 200 day MA. Buyers and sellers continue to battle
2024-01-17
The EURUSD dipped to a new low in the early NY session but did hold the support at the 200 day MA. On the topside, swing area resistance is between 1.08788 and 1.0894.
ForexLive Video
2024-01-12
Despite closing the week with a bearish bias, the AUDUSD shows potential for a reversal as it hovers near key support and resistance levels. Traders should watch for a breakout above the swing level at 0.6738 or a breakdown below the swing area at 0.6676 for further confirmation of direction.
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