Some falling trend-line resistance has already been broken on the daily chart and the 10-Day SMA looks to be on the verge of crossing back above the 20-Day SMA to provide added confirmation for short-term bullish structural shift. Setbacks …
Some falling trend-line resistance has already been broken on the daily chart and the 10-Day SMA looks to be on the verge of crossing back above the 20-Day SMA to provide added confirmation for short-term bullish structural shift. Setbacks …
where the 20 SMA in the 4 hours chart may halt the rally. “Only a break below 0.9386, daily low, should deny the correction and push the pair lower towards the 0.9300 price zone”. Make significant savings on your international money transfers …
Current rate stands at 77.20, virtually unchanged as investors try to gauge what direction the FX winds will flow next … if the pair holds above mentioned static support. 4 hours chart shows price above a clearly bullish 20 SMA while …
“Stocks are off daily lows following latest positive US data, giving the GBP/USD strength enough to regain the 1.5600 area, currently testing 1.5630 strong resistance area, as per daily high along with 20 SMA in the 4 hours chart, the level should ho…
EUR/USD: The sharp pullback below the July lows and establishment below the 200-Day SMA solidifies the prospects for the carving of a major lower top on the monthly chart which now ultimately projects additional declines down towards the 1.2000 …
“Technical charts favor the slide as the bearish tone seen in 4 hours chart is mostly intact while far from oversold”, said Bednarik. “To the upside now, the pair will find short term resistance at 1.5920, while only above 1.5980, 20 SMA in the 4 hours…
“Slightly higher yet still in past day’ range, USD/JPY hourly chart shows momentum flat around the 100 area, giving no tips on direction today”, said Valeria Bednarik, chief analyst at FXstreet.com. “Above 20 SMA gaining a limited bullish slope, the up…
“Having corrected lower, hourly chart shows indicators picking up from their midlines, while 20 SMA acts as dynamic support barely below current price. Bigger time frames are still showing indicators mostly flat yet bias remains to the upside …
The EUR/USD continues trading in a quite limited range, horizontal in between 1.4300 and 1.4500 since early this week, with 4 hours chart showing price developing inside a triangle, and around a flat 20 SMA with indicators showing a slightly …
Despite risk aversion eased from early Asian opening, the EUR/USD has been under pressure since early European opening. 4 hours chart has a increasing bearish tone, with indicators heading lower below their midlines and price crossing upside down 20 SM…