AUDUSD sellers take the price below the 100/200 hour MAs increasing the bearish bias.
The AUD/USD has moved lower in today’s trading, breaking through and extending away from the 200-hour MA at 0.6223 and the 100-hour MA at 0.62306....
Tag : Sellers
USDCAD has a negative bias in the short term. Can the sellers keep control?
The USD/CAD has declined in today’s trading, breaking below the lower boundary of the swing area between 1.4334 and 1.4348. For a bullish bias to...
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....
EURUSD sellers pushes to the downside ahead of the FOMC rate decision
The EURUSD is moving to a new low on the day and in the process is moving away from the 200 hour MA and the...
AUDUSD sellers are pushing to new lows after a support floor is broken. What next?
Earlier today in the Asian session the low of a swing area floor going back to the end of 2023 was broken at the 0.6334....
GBP/USD Price Analysis: Sellers Dominate as UK GDP Shrinks
The UK economy contracted by 0.1% in October. US wholesale inflation increased by 0.4%, above estimates of 0.2%. The dollar is getting support from the...