Market AnalysisThe NZDUSD stalled the rise yesterday at the 38.2% retracement and today at a falling MA.adminFffFF0or31rJanuary 23, 2025 by adminFffFF0or31rJanuary 23, 202503 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...
Market AnalysisUSDJPY sellers this week tested the 38.2% retracement target, stalled and reversed.adminFffFF0or31rJanuary 17, 2025 by adminFffFF0or31rJanuary 17, 2025010 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...
Market AnalysisGBPUSD retests the 100 hour MA at 1.25425 after swing area above stalled the rallyadminFffFF0or31rDecember 30, 2024 by adminFffFF0or31rDecember 30, 2024019 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...
Global Market TrendsThe ‘weight-loss trade’ has stalled. What it will take to revive interestadminFffFF0or31rDecember 23, 2024 by adminFffFF0or31rDecember 23, 2024015 Anyone who’s been on a diet can likely relate: Those first lost pounds are met with a sense of euphoria. The voice inside one’s head...
Market AnalysisGBPUSD rally on Friday stalled at key swing area ceiling and sellers pushed lower todayadminFffFF0or31rDecember 23, 2024 by adminFffFF0or31rDecember 23, 2024018 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....