Bitcoin continues to trade sideways inside trading range.
Blue lines- trading range Bitcoin is trading around $28,200. Short-term trend remains neutral as price has made no real progress over the last few …
Showing posts with the label rangeShow all
AUDUSD falls to 2- week low and below 50% of 2023 range but rebounds
Moves up to swing recent swing lows from Jan 24 and Jan 31 AUDUSD moves back to swing area The AUDUSD moved lower with the USD move up afte…
Gold: new range ahead of US stats
Gold rallied in the short term and now is almost to reach the first upside obstacle. It's located at 1,930 at the time of writing but it's tr…
GBPUSD moves back toward 61.8% retracement of 2022 range ahead of FOMC/BOE rate moves
1.24507 is the 61.8% retracement GBPUSD sets up for the FOMC/BOE The GBPUSD is moving to a new day high and in the process is moving closer…
Bitcoin finally died in the range of $18,500-$20,500
Bitcoin remains almost completely flat, just above the $18,500 level. If earlier it at least "jumped" along the entire side channel of $18…
EUR/USD: range pattern violated, support at 1.0000 psychological level
The EUR/USD pair rallied in the short term as the Dollar Index plunged after the US data. Still, the DXY maintains a bullish bias despite the current…
Cardano remains trapped inside trading range
Red lines- trading range Since May of 2022 Cardano has made no real progress as price is moving mostly sideways inside a trading range between $0.3…
Oil rebounds, gold tries to form a range
Oil Oil prices rallied after another round of impressive US economic data boosted optimism for an improving crude demand outlook. The US economy st…
US stocks edged lower after a round of economic data reminded Wall Street that stagflation is here. Stocks won’t be able to do much as summer tradin…
EUR/USD: narrow range to be over soon
The EUR/USD pair continues to move sideways in the short term, that's why we have to wait for fresh trading opportunities before taking action. I…
EUR/USD to exit its range soon?
The EUR/USD pair was trading in the red at 1.0155 on the H1 chart at the time of writing. Technically, the price is still trapped within a narrow ran…
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…
Oil retreats, gold stuck in range
Are we seeing a recession being priced into oil markets? Is oil prices getting whacked the clearest sign yet of recession fears spreading across fi…
Currency markets continue to range trade
US dollar remains choppy US yields climbed higher overnight which was enough to lift the dollar index to a 0.20% gain to 102.55. It has given most …
