sellers

AUDUSD started the week by testing the bottom of the swing zone (going back to early May) near 0.6579 and also the 38.2% retracement of the upward move from the April 2024 low to the May high near the same level. Sellers pushed the price…

EUR/USD fell after stronger than expected ISM non-manufacturing data. After holding support against the 100 hourly moving average at 1.08627, sellers have now pushed the price below this moving average. The 200 hourly moving average is…

EUR/USD rose yesterday until it reached its 100 and 200 hour moving averages. Sellers took hold of this level and pushed the price lower during the Asian session as buyers came in support against its 100-day moving average (blue line at…

The US dollar fell against the Canadian dollar after a weaker than expected US jobs report. That downward movement stopped against the old ceiling area between 1.36049 and 1.36154. The price started to bounce back to the upside. The move…

(Reuters) - Traders who bet against the "Magnificent 7" group of big U.S. tech stocks booked their biggest-ever weekly profit of more than $10 billion last week, with the biggest gains coming from their short position in shares of Nvidia…

On Thursday, the USDJPY fell sharply in the US afternoon session as the sellers in the stock market led to risk-off sentiment, lower yields, and that sent the pair to the downside.Technically, the price fell back below its 100-hour moving…

The NZDUSD price has extended to a new low for the trading year and extended to the lowest level since November 17. The low on that day came in at 0.5939 which is where the price decline stalled today. The current price is trading at…

The USDJPY bumped against three-year highs this week on both Wednesday and Friday, and found willing sellers each time. The high on Wednesday reached 151.81. The high today reached 151.85. That compares to the 2022 high at 151.95, and the…

© Reuters. Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan,…

The NZDUSD moved lower yesterday and in the process, did move below a key cluster of technical levels including the 200 day moving average at 0.60796, the 100-day moving average near 0.6072, and the 50% midpoint of the move up from the…