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...
Tag : retracement
EURUSD retraces to resistance target and the 38.2% retracement
The EURUSD moved higher helped by the headline news that US and Mexico have come to a 1-month truce on tariffs. That weakened the USD,...
The NZDUSD breaks above 38.2% retracement. What does it mean for next week’s trading.
The NZDUSD has made a break to the upside and in doing so, extended above a swing area between 0.5683 to 0.5691. Within that ceiling...
The USDCHF is down on the week, but finds support at the 38.2% retracement.
Yesterday’s look at the USDCHF, I wrote: Downside targets that would increase the bearish bias would be near 0.9050 and then the 38.2% and swing...
The NZDUSD stalled the rise yesterday at the 38.2% retracement and today at a falling MA.
The NZD/USD stalled its rise yesterday at the 38.2% retracement level (0.5688) of the decline from the November 29 high. This level also aligns with...
EURUSD bounces off swing area support and moves to a 50% retracement area.
Summary of the video outlining the tech 📈 Swing Area Support and Buyer ConfidenceThe EUR/USD bounced off a critical swing area support, marked by previous...
USDJPY sellers this week tested the 38.2% retracement target, stalled and reversed.
The USDJPY last week, moved up to test a key target on the daily chart near 158.88. Sellers leaned and pushed the price off those...
USDCHF rallies to key retracement last week and sold off. Today the bias is back higher.
The USDCHF moved higher last week but found willing sellers near the 38.2% of the range from the 2022 high at 0.9025. The high last...