What levels are in play for the 3 major currency pairs to kickstart the forex trading day for March 15, 2024. |
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2024-02-21
The 50% of the move down from the October high to the December low stalled the rally at 1.3537 (high reached 1.3535). The seller take more control.
2024-02-20
The 100-hour MAs on the broader indices are in play for the Nasdaq and S&P indices
2024-02-17
Trade at your own risk only and visit www.ForexLive.com for additional views.
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.
2023-11-23
The AUDUSD fell yesterday but bounced off a key floor support near 0.6522. The move higher today has come off highs but is so far holding the rising 100 hour MA support. Staying above keeps the buyers more in control and will have traders looking toward the 50% midpoint of the move down from the July low at 0.65824. On Tuesday, that midpoint was tested but found willing sellers on the first look.
2023-11-20
GBPJPY falls to swing area and 50% retracement before bouncing back, indicating potential for further upside movement.
2023-11-15
The 100 day MA stalled the fall in trading today in the NZDUSD. That level was broken yesterday, tilting the technical bias more to the upside on the longer term chart. Staying above is important for the buyers today and going forward.
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