FLEX EAChart of the Day: Dollar Tests Major Support Area Ahead of New Year
Hawkish Fed means downside limited for dollar Greenback could find support on haven flows Dollar Index inside massive long-term level The US Do…
Showing posts with the label majorShow all
European major indices close with mixed results
France's CAC bottoms near 100 day MA. UK FTSE 100 sniffs it's key 100/200 day MAs The major European indices are closing with mixed res…
MA stock price gets rejected at major resistance.
Red line - resistance Green line- support In a recent analysis of ours about our technical view on the chart of MA stock, we warned traders that p…
A technical look at the major currency pairs for the week starting August 8, 2022
What levels are in play for the major currencies vs the USD this week? The US jobs report on Friday helped to initially move the dollar higher,…
Gold aims at 1,676 as major target
The price of Gold changed little in the short term. It was trading at 1,705 at the time of writing. The bias remains bearish despite temporary reboun…
EUR/USD rejected by 1.0000 major support. What now?
The EUR/USD pair was trading in the red at 1.0062 on the H1 chart at the time of writing. The currency pair rebounded as the Dollar Index retreated i…
Major European stocks rise mostly by 0.10-1.34%
Major European stocks rose mostly by 0.10-1.34%. Only the Spanish IBEX 35 declined by 0.27%. All other indices increased. The British FTSE 100 gaine…
Major altcoins suffer losses
On Thursday, bitcoin dived to $28,900 and eventually closed at $29,117. At the time of writing on Friday, BTC fell to $28,982. Since Monday, bitcoi…
Major Asian indices show mixed direction
The major Asian indices are showing a different direction in today's trading. China's Shanghai Composite and Shenzhen Composite fell 0.47% a…
Major Asian indicators down mostly
Major Asian indicators were mostly falling on Thursday. At the same time, some of the indices show a stronger decline, while others dropped slightly…
XRPUSD at major support.
XRPUSD is trading just above $0.50 where we find the long-tern support trend line. We warned traders a few weeks ago when price was giving us a rever…
Bitcoin approaches major support at $30,000.
Bitcoin remains in a short-term bearish trend as price continues making lower lows and lower highs. Recently price broke out and below the trading ra…
Major Asia-Pacific indices show decline
The major indices of the Asia-Pacific region show mainly declined on Wednesday. Hong Kong's Hang Seng Index dropped by 1.25%, while Australia…
Major Asian stock indices slide
Major Asian stock indices edged lower on Wednesday. China's Shanghai Composite and Shenzhen Composite Indices fell by 2% and 1.76% respectively.…
European major indices closing higher on the day but lower on the week
The major European indices are closing sharply higher on the day, but it wasn't enough to erase declines for the week. For the day: German Dax, 3…
EUR/USD reaches major downward target. Rebound in cards!
The EUR/USD pair plunged as the Dollar Index rallied. As you already know, the USD appreciated aggressively amid geopolitical tensions. DXY's str…
EURUSD at major support
EURUSD remains inside the medium-tern bearish channel. Price bounced from the short-term support at 1.13 towards 1.1370 where we find the upper chann…
EURUSD at major support
EURUSD remains inside the medium-tern bearish channel. Price bounced from the short-term support at 1.13 towards 1.1370 where we find the upper chann…
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