Fx Charts

“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…

The moving average can act as support or resistance depending upon the trend -The moving average can provide us trend direction One of the most widely used moving averages is the 200 period Simple Moving Average (SMA) on a Daily Chart. Large institutio…

4 hours chart shows price found support at a strongly bullish 20 SMA, and approaches the daily descendant trend line and yesterday’s high around 1.4550; above that level, the pair may settle the basis for a bullish continuation towards the 1.4600/20 …

Technically, Valeria Bednarik, Chief Analyst at FXstreet.com said earlier on: “Hourly chart has a slightly bearish tone as per momentum turning back south below its midline, although 4 ones are heading north while price holds above 20 SMA. Still unless…

Aussie is pushing back higher in current American session, after a limited bearish correction to 1.0600 price zone, where 20 SMA in the 4 hours chart offered support to the pair. Still trading below 1.0640 static resistance level, pair needs to acceler…

Aussie is pushing back higher in current American session, after a limited bearish correction to 1.0600 price zone, where 20 SMA in the 4 hours chart offered support to the pair. Still trading below 1.0640 static resistance level, pair needs to acceler…

EUR/USD drifts back towards session highs EUR/USD orders: Important support at 1.4500-10 Forex: FX Concepts has recently gone long the … Technically: “Hourly chart shows indicators aiming higher still below their midlines, while 20 SMA above current …

The next level of support is the 20-SMA, at 1.3737. Yesterday I noted that “the pair must hold below 1.3930 on the daily charts for the bearish bias towards 1.3737 to be met”; this is occurring, and going forward, a strong technical setup coupled w…