| Traders are waiting for the next shove for each of the 3 major pairs - the EURUSD, USDJPY and GBPUSD |
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USDCHF bounces off targeted support at lows yesterday/today, but stalls at MA resistance
2025-02-26
The high price in the USDCHF stalled just ahead of its 100-hour MA at 0.8965. Getting above the 100-hour MA and staying above, is needed to increase the bullish bias.
Bitcoin breaks lower and below a floor area between $90,742 to $92,092
2025-02-25
Also trades below $90,000 and to new 2025 lows. Sellers make a play but find support buyers near key retracement level
USDCAD is confined to a narrow range and waiting for the next shove
2025-02-24
The USDCAD has seen the price action move above and below the 100/200 hour MAs with 1.4200 as the bottom support. Stay above is a tilt to the upside for the pair.
USDJPY bounces off the 50% midpoint target area. Is the bottom in place?
2025-02-21
The 50% of the move up from the September 2024 low was tested at 149.22 today (low reached 149.27) and bounced. Is that the bottom for the USDJPY?
The RBNZ cut rates by 50 bps and the NZDUSD moved lower into MA support and bounced.
2025-02-19
What next for the NZDUSD after the bounce higher in trading today? I will outline the key technical levels in play for the pair TODAY.
What is moving? Technicals in play for the 3 major currency pairs to start the new day
2024-12-13
A technical look at the EURUSD, USDJPY and GBPUSD
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