Tag: Moving averages
Trading Analysis: NASDAQ Index Ping-Pongs Near Highs Between Hourly Moving Averages
The NASDAQ index is currently hovering near its session highs as traders aim to retest its 50-hour moving average, which is at 18418.93. The...
USDJPY Analysis: Will Momentum Continue Below 200-Hour MA?
The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on...