| The 100 hour MA comes in at 1.4317. Stay above keeps the buyers in play at least in the short term. On the topside, the next key target at swing level near 1.4368. |
You Might Also Like
AUDUSD correcting higher after the sharp break and back toward swing area resistance.
2024-12-19
What next for the AUDUSD? What technical levels need to be broken to give buyers some confidence?
The USDCHF buyers are in control.What is needed in the ST to give the sellers some control?
2024-12-18
Getting the USDCHF below and staying below 0.8898 is needed to give the sellers some confidence. Absent that, and the buyers are in firm control.
GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside
2024-12-16
GBP/USD and EUR/USD are climbing higher, breaking key levels. GBP/USD eyes 1.2700, while EUR/USD faces resistance at 1.0525. Traders watch for sustained moves to gauge market bias.
USDCAD backs off after rising to swing area. Traders may be feeling the pair may be overbought
2024-10-22
Traders are taking a breather in the USDCAD
Kickstart the FX trading day for Oct 21 w/ a technical look at the EURUSD, USDJPY & GBPUSD
2024-10-21
The USD buyers are trying to exert their control on the 3 major currency pairs to start the trading week.
The EURUSD on the hourly chart gives a clearer view of the risk/bias changing levels
2024-10-17
The 100-hour MA is moving lower and closer to the broken 200-day MA. Tomorrow it should move below that key daily MA, making both of those MAs key risk-defining targets going forward.
USDCHF is stretching above and away from the 38.2% of the move down from July high
2024-10-16
Staying above the 38.2% at 0.8631 and a swing area down to 0.86078 is keeping the buyers in play and control at least in the short term.
USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?
2024-10-14
The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.
Tags: Featured,newsletter
