The 200 bar MA on the 4-hour, 100-day MA and 61.8% retracement loom above near 0.6317 and 0.6037 |
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2024-07-11
In this video, I outline the levels that would need to be broken to increase the bearish bias. Absent that, the buyers are still in play.
2024-04-30
The 50% midpoint of the price action this month comes in at 0.65028. The price of the AUDUSD is trading within a few pips of that level today.
2024-04-29
The 50% midpoint comes in at 1.3661. The 100 hour MA at 1.36718 is resistance. On the downside, the 1.3631 is support followed by 1.3604 to 1.3621.
2024-04-27
The yen is in a terrible spot at the moment. It’s hitting fresh 34-year lows daily, including a 200 pip move on Friday. Adam Button from ForexLive spoke with BNNBloomberg about the outlook for the yen and the US dollar.
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2024-04-24
Swing area between 0.6476 to 0.6486 is now support. The 100-hour MA and 50% of the April range is between 200 -day MA above, and swing area below at 0.65028.
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