FLEX EASuper Thursday! Massive earnings day, US GDP, ECB raises rates, FX, crypto momentum stalls
US stocks are struggling for direction after a mixed bag of earnings was accompanied by economic data that supports the idea that the economy is wea…
Showing posts with the label stallsShow all
The USDCAD is higher again, but some upside resistance at 2022 high stalls the rally
Key level at 1.3160 - old trend line USDCAD backs off from 2022 highs The USDCAD moved to a high of 1.3207 today and in the process got wit…
AUDUSD got the break higher after holding some key support. Resistance target stalls rise.
Correct to the 38.2% of the move down from the August high AUDUSD holds floor support but stalls at 38.2% on correction In the morning fore…
Maybe it is a bottom, retail earnings impress, crypto rally stalls
If it looks like a bottom, acts like a bottom, and trades like a bottom, then it probably is a bottom. Bear market rally calls are suddenly becomi…
NZDUSD nearly erases it's declines and approaches a key technical target, but stalls
NZDUSD bounces back toward the 100 hour moving average The NZDUSD peaked in the Asian session at 0.6132 before rotating back to the downside. T…
AUDUSD rotates back toward the rising 100 hour MA after 100 day MA stalls the move above
AUDUSD trying to hold support at the 100 hour MA The AUDUSD is down testing the 100 hour MA (blue line in the chart above) at 0.72064. That MA h…
USDJPY reaches the 38.2% retracement of the last move higher and stalls the fall
USDJPY bounces off the 38.2% retracement near 127.50 As per an earlier post, the USDJPY was targeting the 38.2% retracement of the last move high…
USDCHF stalls near yesterday's high and below the 0.9900 upside target
USDCHF tested that the March 2020 high this week The USDCHF is working on its 2nd down day in 3 days. That comes after 9 straight days to the upsid…
EUR/USD Stalls At January low
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