| The sellers missed on the move lower and below support targets including the 100-day MA. |
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AUDUSD consolidates within a narrow range with key technical targets. Market waits.
2024-02-27
The AUDUSD consolidates above the 100 bar MA on the 4-hour chart and key swing area, and below the 200-day MA and 200 bar MA on 4-hour chart.
Gold Technical Analysis
2024-02-22
#gold #xauusd #technicalanalysis
In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:39 Technical Analysis with Optimal Entries.
1:55 Upcoming Economic Data.
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EURUSD buying stalls. The price moved back between 100 bar MAs below and 200 bar MAs below
2024-02-20
Traders will await the next break in the EURUSD with the 200-day and 200-bar MA on the topside, and the 100-day and 100-bar MA on the downside.
EURUSD finds MA technical resistance and support.
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It is the President’s Holiday in the US, but the EURUSD is still trading. THe price action today did find resistance in the Asian and early European session against the 100 day MA. Later the price could support against the 200 hour MA. So the levels are defined. Now traders need just wait for the break.
USDCHF test support and bounces back, boosting the dip buying traders confidence
2023-11-29
USDCHF falls to support target area near 0.8728 – 0.8743 but rebounds, giving dip buyers confidence. What next?
USDCAD retreats as dollar selling strengthens, technicals indicate bearish momentum
2023-11-28
The USDCAD is moving lower as sellers gain control, with the 38.2% retracement level as a key risk. Breaking the 100-day moving average could further increase bearish bias.
AUDUSD bounces off old ceiling (now floor) support and rallies 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.
GBPJPY falls to swing area and 50% retracement of recent move higher. Buyers enter.
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GBPJPY falls to swing area and 50% retracement before bouncing back, indicating potential for further upside movement.
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