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 supportShow all
USDCAD rotates back toward 200 bar MA on 4-hour chart. Can support hold on the dip?
USDCAD higher today USDCAD trades between the 100 /200 bar MA on 4-hour chart The USDCAD moved down last week and in the process stalled ne…
Ethereum's triangle violated, 1,253 acts as support
ETH/USD continues to move sideways in the short term as the price of Bitcoin moves in range as well. The altcoin was trading at 1,293 at the time of …
EURUSD keeps above the support target after another retest
The high today failed on the topside and rotated back to the downside EURUSD completes the run to the downside support The EURUSD moved dow…
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…
AUDUSD stays above key MA support level. What is giving the pair a boost?
Stays below its 200 day MA The AUDUSD moved above the 100 day MA on Wednesday for the first time since June 8th, but the momentum could not be …
NZDUSD moves back higher after testing MA support
Up, down and now back up price action today NZDUSD moves back away from MA levels The NZDUSD has had an up, down and now back up trading se…
EURUSD bounces back above Asian low after test of lower swing area holds support.
EURUSD trades near mid-range after support holds EURUSD holds ahead of lower swing area target The EURUSD moved lower in the US morning ses…
Litecoin exhausts buyers, 60.44 acts as support
Litecoin dropped after reaching a new higher high of 64.58. Now, it is traded at 61.10 at the time of writing. It has retreated as the price of Bitco…
AUDUSD vulnerable to the downside after breaking below short-term support.
Red lines- bearish divergence Green line- support trend line Black lines- Fibonacci retracements AUDUSD is trading around 0.6920 after getting re…
GBP/USD: range violated, 1.0233 acts as key support
The GBP/USD pair climbed as much as 1.2085 today where it has found resistance. Now, it is trading lower at 1.2037 at the time of writing. In the sho…
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…
USD/JPY upside seems over, 135.59 acts as critical support
The USD/JPY pair dropped after failing to stay above the 136.71 key resistance. Now, it was traded at 135.90 at the time of writing. Technically, the…
Trading Signal for Gold (XAU/USD) on June 27-28, 2022: buy in case of rebound at $1,825 (weekly support - GAP)
XAU/USD continued to struggle to break out of the bearish channel formed on June 16. In the European session, the price reached the top of the downt…
AUDUSD found resistance at the 100 day MA and support at 100 hour MA
AUDUSD confined between technical levels on top and bottom The AUDUSD had a volatile up and down month in May, but rebounded into positive territ…
Bitcoin – Massive Support
Will it break this time? It goes without saying that it’s been a pretty torrid six months for bitcoin since hitting all-time highs close to $69,000.…
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…
NZD/USD Stays Above An Upside Support Line
NZD/USD traded lower on Friday after it hit resistance near the 0.6875 zone. The slide continued today as well, with the rate hitting support at 0.6…
Oil on the upswing, gold has support
Oil climbing again after another volatile session Oil prices remain extremely volatile given the backdrop of huge uncertainty around Russian export…
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