The USDCHF is holding swing area support. Buyers leaning and staying in play.
The USDCHF started the week with an upward move, peaking on Wednesday, before reversing lower through Wednesday and Thursday. Friday’s price action has been choppy,...
Tag : Area
USDJPY bounces off the 50% midpoint target area. Is the bottom in place?
The USDJPY moved sharply lower yesterday, testing the high of a key swing area between 149.08 and 149.39, with the low reaching 149.39. In the...
GBPUSD tests 100 day MA/swing area. Key level for buyers and sellers.
The GBPUSD is trading to a new high and in the process is testing a key swing area up to 1.2670 and the 100-day MA...
USDJPY stretches to the swing area and the 50% retracement
USDJPY broke below its yearly low and February low at 150.943, accelerating downside momentum. The decline extended to 149.39, aligning with the upper boundary of...
EURUSD races above swing area topside target with little resistance
EURUSD moved to new highs EURUSD Technical Analysis: Bullish Breakout Continues Toward Key Resistance EURUSD is extending its upside momentum, breaking above the key swing...
Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months
Eurozone consumer confidence strengthened for a second straight month and at a faster than expected pace to its highest level in four months in February,...
Event Guide: Euro Area Flash PMIs (February 2025)
After January’s upside surprises, traders will eye February’s PMIs for clues on the region’s business activity amid talks of increased tariff speculations.
Will this...
EURUSD stretching lower. Below 100 hour MA. Tests swing area aupport.
The EURUSD has moved to a new low on the day after breaking below the rising 100 hour MA for the 2nd time today. The...
EURUSD corrects modestly lower to start the week. Swing area stalling the initial fall.
The EURUSD is undergoing a modest pullback today after last week’s steady climb. Last week, the pair rallied from Monday’s low to Friday’s high, breaking...
USDCAD sellers remain in full control, but sellers stall the fall near swing area target.
. USDCAD remains near the lower bound of its new Red Box range between 1.4260 and 1.4466, with sellers maintaining control. A key swing area...