ZAR/JPY Fares the Worst Out of Forex; Heads Down For the 4th Day In A Row
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
Month: February 2020
TRY/JPY Down 29 Pips
Relative to other instruments in the forex asset class, try/jpy ranked 39th yesterday in terms of percentage price change.
CAD/CHF Moves Down For the 6th Day In A Row
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
CAD/JPY Moves Down For the 5th Day In A Row; Breaks Below 200 Day Average
This imputes a buy/sell ratio of 0.5, which is bearish.
GBP/CHF Crosses 200 Day Moving Average, in a Downtrend Over Past 14 Days; Price Base in Formation Over Past 30 Days
Alternatively, regarding pairs with the lowest correlation to gbp/chf?
USD/CHF Down 90 Pips; Crosses 20 and 50 Day Moving Averages
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
GBP/JPY Moves Down For the 2nd Day In A Row, Crosses 100 Day Moving Average; Price Base in Formation Over Past 90 Days
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
USD/SEK Down 782 Pips, Breaks Below 20 Day Average; Price Base in Formation Over Past 14 Days
The price move occurred on stronger volume, as measured by the number of tick price changes; specifically, yesterday’s volume was up 22.25% from the day prior, and up 73.23% from the same day the week before.
USD/JPY Down 84 Pips, Breaks Below 20 and 50 Day Averages; in an Uptrend Over Past 30 Days
The next support for the price could be around 106.78, since it is a pivot for the pair since june 25th of the last year….
NZD/CHF Down 41 Pips; in a Downtrend Over Past 90 Days
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.