The Japanese yen is slightly lower in the European session on Tuesday. USD/JPY fell 0.54% after today’s BoJ policy meeting but has pared most of those gains and is trading at 147.82, down 0.18%. Bank of Japan stays pat As expected, the BoJ maintained its policy settings at today’s meeting. In a unanimous decision, the […]
AUDUSD was recovering from its lowest level since November But is on the retreat again as 200-day SMA repels advance Momentum indicators are tilted to the downside AUDUSD had been in a steady decline after peaking at 0.6870 in December, violating both its 50- and 200-day simple moving averages (SMAs). Although the pair managed to find its […]
The post AUDUSD Retreats After Rejection at 200-day SMA appeared first on Action Forex.
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Buy Nasdaq-100 broke resistance zone Likely to rise to resistance level 20500.00 Nasdaq-100 index recently broke the resistance zone between the round resistance level 20000.00 and the resistance trendline of the daily down channel from February. The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of […]