Bitcoin trying to stretch higher. Approaches a retracement and swing level.
Bitcoin technicals Bitcoin moved lower earlier today, but buyers stepped in at the 200-bar moving average on the 4-hour chart, currently at $86,703. Sellers attempted...
Tag : retracement
USDJPY races above targets. Eyes channel trend line and 38.2% retracement targets now.
USDJPY technicals The USDDJPY has raced higher helped by risk-on sentiment and higher US rates. Looking at US yields: hash Hash 2-year yield 4.028%, +8.0...
S&P index gaps above its 100 hour moving average and looks to test 38.2% retracement
S&P index gaps above 100 hour moving average The S&P 500 is trading sharply higher, up 83 points (+1.47%) to 5751, as the index tests...
EURUSD stretches to the lows of the 2-week trading range and broken 61.8% retracement
EURUSD technicals The EURUSD has dropped to a new low for the day, testing key support at the broken 61.8% retracement of the September high...
Using Fibonacci Retracement in Forex Trading Strategies
Forex traders often find it hard to know when to buy or sell. This can lead to missed chances and big losses. Fibonacci retracement helps...
NZDUSD backs off after run higher yesterday & today stalls ahead of retracement target
NZDUSD technicals Last week, the NZDUSD found support twice at its 200-bar moving average on the 4-hour chart, giving buyers the confidence to push higher....
Fibonacci Retracement Analysis in Forex
Are you having trouble finding the right times to buy or sell in forex? Do you often miss chances or make big losses? Fibonacci retracement...
Bitcoin falls away from the 200 day MA and test 50% retracement
Bitcoin technicals Bitcoin yesterday, and again today, has movedbelow the 200-day moving average (MA) at $83,370, signaling increased bearish momentum if the price remains under...
USDJPY moves back below swing area and approaches 61.8% retracement
USDJPY technicals USDJPY is sliding lower as risk-off sentiment intensifies, with stocks under pressure and bond yields declining. The 10-year yield is down 5 basis...
EURUSD is now lower on the day after failing above the 61.8% retracement
EURUSD Technicals The EURUSD surged higher this week, rallying from a Monday low of 1.03879 and closing higher for three consecutive days. The momentum extended...