Tag: SMA
Bitcoin Breaks the 100 Daily SMA After SEC Sues Binance Exchange
Cryptocurrencies have been trading lower for more than a month, but yesterday they took a dive. Bitcoin slipped below its 100-day moving average (gree [...]
Oil Recovery Stalls at the 50 SMA on Recession Fears
Crude Oil opened with a large gap at the beginning of April, after OPEC+ decided to cut production in a surprise move. Buyers pushed higher, with US W [...]
USD/CAD Heading Down to the 200 SMA Again
USD/CAD has been following the FED policy projections, being bullish until October last year when the FED started giving signals that they were going [...]
Has the 50 SMA Turned into Resistance for Oil?
Crude Oil was bullish from the middle of March until the middle of April as the USD was retreating while risk sentiment turned positive, which helped [...]
Is the 20 Daily SMA Holding as Support for Gold?
Gold broke above $2,000 last week on weaker US inflation numbers, but it retreated below this level and slipped to $1.970 on Wednesday, before bouncin [...]
USD/JPY Returns Higher to Test the 100 SMA, As Ueda Keeps Status Quo
USD/JPY was very trendy in recent years, initially following a strong bullish trend that sent it around 40 cents higher in 2022, until the situation r [...]
Crude Oil Hesitating at the 200 SMA, As Economic Uncertainties Increase
US WTI Oil Daily Chart – The 200 SMA Holding As ResistanceCrude Oil stalling after the surge over the weekendWeekly US Petroleum Inventory from the EI [...]
Oil Testing the 50 Hourly SMA After Reversing $1.5 Lower
As the global banking sector begins to recover from its initial shock, the markets have found some relief, and risk appetite is returning in the short [...]
AUD/USD Unable to Overtake the 200 Daily SMA
AUD/USD has shown shown volatility this week, with resistance encountered between 0.6720-30 for most of the week. On Wednesday and Thursday, buyers tr [...]
USD/JPY Breaks Below the 50 Daily SMA As Safe Havens Continue Surging
Meanwhile, the FED and Bank of Japan are among six central banks that have announced a joint move to boost US dollar liquidity, as investors remain ji [...]
Shorting AUD/USD After the Rejection at the 50 SMA
Today we are seeing a retreat in the USD, so the trend from Friday continues, with lower bond yields still present today. Equities opened strong, with [...]
USD/JPY Uptrend Slows As It Approaches the 200 Daily SMA
USD/JPY has been on a rollercoaster ride since early last year, surging around 40 cents higher from January until October, followed by a strong revers [...]
Gold Resuming Decline After Failing at the 50 SMA
Gold was displaying some decent buying pressure from November until early February, which made it a solid place for investors to park the funds in a r [...]
Gold Undecisive at the 50 Daily SMA, Depending on US Data
Gold was surging from November until the end of January, but made a quick reversal last Friday and now it remains uncertain right at the 50 SMA (yello [...]
EUR/USD tests 50-Day SMA for first time since November – Forex Factory
EUR/USD tests 50-Day SMA for first time since November Forex Factory
www.forexfactory.com [...]