USDCHF tests key downside target after failing to extend above retracement level. Price near moving averages, key for buyers and sellers. |
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2024-08-08
Getting above the 200-hour MA is needed to increase the bullish bias. The 100-hour MA did find support near the MA today.
2024-08-07
The price moved above a swing area between 0.8549 and 0.8579 and then the 38.2% retracement of the move down from last week’s high at 0.8601.
2024-08-06
Or conversely, what would give the sellers more hope in the broader US stock indices today and going forward?
2024-05-30
The EURUSD is trading to a new high and tests a key dual MA level at 1.0844. Key barometer for buyers and sellers.
2024-05-24
The 200 hour MA held support and turned the momentum to the upside
2024-05-23
The 0.6615 area is a key barometer for both buyers and sellers today and going forward
2024-05-22
What are the technicals saying for the 3 major currency pairs to start the US trading session
2024-05-20
Can the buyers hold close support and push the pairs back higher?
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