Sellers are making play in the AUDUSD. Can they keep the momentum to the downside going?
The AUD/USD is bucking the broader trend of a weaker U.S. dollar, with the pair moving lower (stronger USD). In its decline, the price has...
Tag : Sellers
EURUSD bounces back toward resistance after sellers had their shot and missed
The EURUSD sellers had their shot on Trump tariffs talk early in his Davos speech/comments. The USD moved higher and the price fell below the...
The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers
The USDCHF moved higher in the European/early US session and in the process tested the falling 100 hour MA (blue line currently at 0.90869). That...
NZDUSD sellers defining the ceiling for the pair between 0.56837 and 0.56917.
The NZDUSD has not been without it’s volatility since the US inauguration on Monday. However, the highs reached on Monday, and Tuesday and again today,...
AUDUSD runs into sellers near swing area/retracement target. Seller make a play.
The AUDUSD has exhibited heightened volatility during the US election period. Despite the fluctuations, buyers have consistently stepped in near the rising 100-hour moving average,...
NZDUSD: A lot of chop in the trading this week, but the sellers are still in control
In the video above, I take a look at the technicals driving the NZDUSD as we look toward the new trading week. The sellers are...
Gold chart indicates buyers and sellers are having a showdown. How it may be resolved
Gold, up 27% last year versus a 23% gain for the S & P 500, again is outperforming the stock market here in the early...
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...
Sellers are making a play in the USDCHF. Can they keep the momentum going?
THe USDCHF felll sharply after yesterday’s US CPI and in the process fell below its 200 hour moving average (green line on the chart below...
AUD/USD erases post-CPI advance as sellers wrestle back some near-term control
AUD/USD hourly chart The pair is posting a slight double-top from the overnight high around 0.6245 and that is leading to a reversal in the...