Chart Art: Gold (XAU/USD) Area of Interest in Triangle Pattern
USD/CAD appears to be breaking lower from a symmetrical triangle pattern, with bears potentially taking control after a period of consolidation near the 1.4400 handle....
Tag : Area
USDCHF falls to swing area support. The 100 hour MA looms below on more selling.
The USDCHF is lower on the day and testing a swing area going back to April and June 2024 between 0.9086 and 0.90978. If the...
GBPUSD retests the 100 hour MA at 1.25425 after swing area above stalled the rally
The GBPUSD moved higher into the US open, but has since reversed lower on risk-off flows (?). Stock in the US are getting hammered in...
Tokyo area December inflation data: Headline 3.0% y/y (expected 2.9%)
Tokyo area inflation for December 2024. Headline 3.0% y/y expected 2.9%, prior 2.6% Core (excluding fresh food) +2.4% expected 2.5%, prior 2.2% Core-core (excluding food...
GBPUSD rally on Friday stalled at key swing area ceiling and sellers pushed lower today
The GBP/USD rallied on Friday after sharp declines on Thursday, driven by the BOE’s dovish rate decision, where three members voted for a rate cut....
USDCHF reaches its 200 hour MA and swing area target
The USDCHF fell below its 100 hour moving average, swing area and upward sloping trendline near 0.8956. That tilted the short-term bias to the downside....
EURUSD testing the 100 hour MA and near a key swing area
The EURUSD is stretching higher and it has now broken back above the November 26 swing low at 1.0442 and is testing its falling 100-hour...
GBPUSD breaks higher. The next key target area between 1.2596 and 1.26147
The GBPUSD has continued the move higher after trading to the lowest level since May 10. The low price reached 1.24865 after breaking below the...
The USDCHF has fallen below the 100H MA, trendline support and swing area support @ 0.8956
Summary 📉 Key Break Below 0.8956: The USDCHF dropped below significant resistance levels, including the 100-hour moving average, previous highs, and a trendline support level....
USDJPY continues the trend move to the upside. Resistance target area reached
The USDJPY has continued the trend move to the upside and in doing so has reached a swing area between 157.55 adn 158.42. The high...