Chart Art: CAD/JPY Correction to Area of Interest?
Is the trend still our friend on CAD/JPY? This yen pair appears to be in correction mode to a support-turned-resistance zone that lines up with...
Tag : Area
Bitcoin forecast to drop into low 80K area
Standard Chartered on Bitcoin, with the crypto below its three-month low under $90,000 Standard Chartered predicts further declines Despite holding up relatively well, bitcoin is...
AUDUSD dips below swing area support
The AUDUSD is dipping below the swing area target between 0.6327 0.6336. That area was an initial support going back to December which then tilted...
Bitcoin breaks lower and below a floor area between $90,742 to $92,092
The price of Bitcoin has broken lower, falling below a key floor in the $90,742–$92,092 swing area, a level dating back to November. A previous...
EURUSD bouncing off MA swing area support
EURUSD technicals The EURUSD moved to a new low in the early US session and in doing so tested a key target support defined by...
USDCHF fell below a floor area and failed. Sellers had their shot. They missed.
USDCHF moved lower in the early Asian session, breaking below a swing area at 0.8965–0.8974 (see red circles on the chart). While the break initially...
Chart Art: EUR/JPY Is Retesting a Long-Term Support Area!
Earlier this month, we spotted a trading opportunity when EUR/JPY tested a long-term support zone. Since then, the pair jumped about 500 pips before pulling...
A volatile tech stock worth owning for the long-term because of its dominance of a niche area
This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an...
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,...
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...