EURUSD keeps a lid on the topside against the low of a swing area on the daily chart
EURUSD bounced off the 100 day MA yesterday The EURUSD has seen up and down price action today, which is what saw yesterday as well. The high-p…
Showing posts with the label swingShow all
GBPUSD moves to new session highs and in the process extends above recent swing highs
Price of GBPUSD moves a bow swing area between 1.21425 and 1.2147 GBPUSD trades to a new session high The GBPUSD is trading to a new sessio…
Gold swing higher ends, 1,688 seen as target
The price of gold has dropped like a rock today and now it is trading at the 1,701 level. Unfortunately, XAU/USD failed to stay in the buyer's te…
USDCHF falls to swing area support
Swing area support near 0.9591 to 0.96046 USDCHF held support at swing area The USDCHF moved above the 100 day moving average earlier today…
GBPUSD corrects higher toward the falling 100 hour MA and swing area.
Early sellers against the topside target GBPUSD runs up toward the 100 hour MA The GBPUSD spiked higher on the weaker US data (the USD is t…
USDCHF moves into topside swing area resistance
The 61.8% retracement is also being tested USDCHF trades to retracement and swing area resistance The USDCHF is trading their high levels i…
EURGBP retests a lower swing area. Steps lower for the 3rd day in a row.
The 100 hour and 200 day MA stalled the rally at the high today EURGBP is down for the 3rd day in a row The EURGBP moved above the key 100 …
EURUSD bounces back above Asian low after test of lower swing area holds support.
EURUSD trades near mid-range after support holds EURUSD holds ahead of lower swing area target The EURUSD moved lower in the US morning ses…
AUDUSD traders lean against a swing area. What does that mean? How can you benefit?
Successful traders lean. What does that mean? Why is leaning so important? In the AUDUSD traders leaned on dips to what I call a swing area. Swing…
AUDUSD settles below 200 hour MA and above a swing area
AUDUSD holding the 0.6762 but has 200H MA above to breach The AUDUSD has not been spared from the downside seen in the forex market today. Just …
EUR/JPY. Upward trend in full swing: 140.50 target
On Friday, dollar pairs waited for the May Nonfarm Payrolls report, which was set to be published at the beginning of the US session. Therefore, even…
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