The week started slow yesterday with price action hesitating at the 1.2931 daily level. We’ve now seen a rejection of this level and price has found temporary support of...
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After bullish strength at the end of last week, the market gapped up yesterday within the moving average resistance zone. Momentum continued for a...
Bearish momentum caused price to spike much lower last week towards the 1.2750 weekly support level, however, this momentum failed to maintain and buyers...
Price found support on the 1.3229 minor structure yesterday and bullish pressure carried the market back above the 1.3250 weekly support level. As seen...
As expected, we are seeing choppy price behaviour at this region as price consolidates around the 1.3250 weekly support. Despite closing bearish, yesterday’s candle...
Bullish momentum failed to continue last week and price closed as a spinning top candle at the 1.3250 weekly support level. This shows indecision...
Following the moving average crossover and pullback from the Fibonacci retracement regions we have seen consolidation in this market over the past couple of...
Price appears to have found support on the exponential moving average but after yesterday’s session failing to break the highs of Friday’s doji candle,...
Last week’s candle burst through the 110.00 major support but pulled back quite sharply. Given this pull back from what appears to have been...
Price fulfilled Fibonacci extension targets just above 0.7150 and after slight hesitation formed a strong bearish engulfing candle which took price back within moving...