The EURUSD fell to the 100/200 hour MA and briefly moved below on the stronger US jobs report, but has seen a bounce. What happened the week? What can we expect going forward technically? |
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2024-03-18
That is the good news for the USDCHF. The not so good news is the range is still very narrow, but buyers are still in control.
2024-03-15
The USDCHF is higher on the week, but is correcting lower today. The correction has been testing a point area between 0.8818 and 0.8825. In the short term hold that level and the buyers are in firm control.
2024-03-14
The USDCHF moves above its 200-hour MA and 100-bar MA on the 4-hour chart between 0.8799 and 0.8803. Stay above is more bullish going forward.
2024-03-13
The NZDUSD has resistance at the 100-hour MA at 0.61669, and the low of a swing area at 0.61487
2024-03-12
AUDUSD back below 38.2% target at 0.66059 gives sellers the control.
2024-03-11
EURUSD sellers maintain control with slight downside movement, awaiting potential break below key support level
2023-12-14
The GBPUSD ran higher today spurred on by follow-through USD selling after the more dovish Fed, and follow through buying in the pair by a more hawkish BOE today.
2023-12-13
What is the roadmap of technical levels for the NZDUSD ahead of the FOMC rate decision.
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