Early in the American session, Gold (XAU/USD) is trading around 1,952.26, above the 200 EMA, and below the 21 SMA located at 1,973. Since the openin…
Showing posts with the label supportShow all
USDJPY corrects to MA support as traders take the pair lower today
100 hour MA stalls the fall for now USDJPY failed on Friday The USDJPY has wandered lower in trading today, helped by continuation selling …
Early in the American session, GOLD (XAU/USD) is trading around 1,837 above the 21 SMA. The metal is showing some strength, but there is bearish pre…
Chart 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…
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…
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…
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…
USDCHF falls to swing area support
Swing area support near 0.9591 to 0.96046 USDCHF held support at swing area The USDCHF moved above the 100 day moving average earlier today…
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…
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…
EUR/USD. The head of the ECB gave the euro only situational support
The euro/dollar pair did not stay within the 6th figure today. The price crossed the resistance level of 1.0600, but then the northern momentum began…
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…
EUR/USD Meets Strong Support At 1.0625/15
AUD/USD reverses from resistance at 7230/50 breaking support at 7150/30 to target 7060/50, perhaps as far as 7030/20. Resistance at 7145/55. Short…
The Support & Resistance MetaTrader indicator can display the support and resistance lines that the price forms on a certain time frame. These ca…
