The 100 and 200-day moving averages are converged near 0.6068 |
![Forexlive](https://snbchf.com/wp-content/uploads/2019/07/Forexlive-RSS-Breaking-centralbank-feed_avatar-96x96.png)
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2024-05-31
The 100 and 200 hour MA was resistance yesterday. Today the price moved above the levels and pushed higher before correcting back to the MA levels. Key barometer for buyers and sellers.
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2024-05-28
The USD is lower with the EURUSD and GBPUSD stretching to the upside in early US trading
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2024-03-21
The 100-day MA in the GBPUSD at 1.2625 and the 200-day MA at 1.2593 are the next key targets
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2024-03-20
A technical look at the NZDUSD as we head toward the US Fed decision at 2 PM ET. What levels are in play? What would shift the bias back to the upside? What key targets loom on more downside momentum today?
![](https://snbchf.com/wp-content/uploads/2024/01/16438-mqdefault-150x84.jpg)
2024-01-05
The buyers tested the 50% midpoint in the USDCHF, but found willing sellers. The price has now reversed and is now below the 100/200 hour MA. That tilts the technical bias to the downside once again.
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