FLEX EAEURUSD keeps a lid on the topside against the low of a swing area on the daily chart
EURUSD bounced off the 100 day MA yesterday The EURUSD has seen up and down price action today, which is what saw yesterday as well. The high-p…
Showing posts with the label swingShow all
GBPUSD moves to new session highs and in the process extends above recent swing highs
Price of GBPUSD moves a bow swing area between 1.21425 and 1.2147 GBPUSD trades to a new session high The GBPUSD is trading to a new sessio…
Gold swing higher ends, 1,688 seen as target
The price of gold has dropped like a rock today and now it is trading at the 1,701 level. Unfortunately, XAU/USD failed to stay in the buyer's te…
GBPUSD corrects higher toward the falling 100 hour MA and swing area.
Early sellers against the topside target GBPUSD runs up toward the 100 hour MA The GBPUSD spiked higher on the weaker US data (the USD is t…
USDCHF moves into topside swing area resistance
The 61.8% retracement is also being tested USDCHF trades to retracement and swing area resistance The USDCHF is trading their high levels i…
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…
AUDUSD traders lean against a swing area. What does that mean? How can you benefit?
Successful traders lean. What does that mean? Why is leaning so important? In the AUDUSD traders leaned on dips to what I call a swing area. Swing…
AUDUSD settles below 200 hour MA and above a swing area
AUDUSD holding the 0.6762 but has 200H MA above to breach The AUDUSD has not been spared from the downside seen in the forex market today. Just …
GBP/JPY. The northern trend is in full swing: the pound is gaining momentum, and the yen is weakening
The GBP/JPY pair shows a pronounced northern trend: in two weeks, the pound has strengthened by more than a thousand points. Therefore, the current p…
GBPUSD falls below 1.3100. Looks to test swing area between 1.3080 to 1.30878.
GBPUSD runs to the downside and tests swing area The GBPUSD has fallen below the 1.31000 level for the first time since March 17, and in doing so…
GBPUSD runs to swing area target and backs off
GBPUSD runs up to swing area resistance near 1.3271 The GBPUSD has also raced higher today (see GBPJPY post here), and in the process broke abo…
USDJPY higher on the day and moves up to test topside swing area
USDJPY tests the low of a swing area at the high today The USDJPY fell yesterday but found support buyers near the 200 hour MA and the 50% midpoint o…
GBPUSD back up testing its 100 hour moving average and swing area from last week's trading
GBPUSD stalled last week in a swing area The GBPUSD is moving higher today after bottoming on Thursday last week at 1.33574. Looking at the daily cha…
The GBPUSD steps to a new low for the week and near swing area/100 day MA
GBPUSD tests lower swing area and 100 day moving average Recall from last week in the GBPUSD, pair moved above its 200 day moving average for the fir…
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