USD/JPY picks up bids following its latest U-turn from 105.29. A monthly resistance line, previous support, joined bearish MACD to question the bulls. 61.8{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} Fibonacci retracement of July-August upside restricts…
Tag: retracement
Prints a month of battle below 50-week SMA, 61.8{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} Fibonacci retracement
WTI stays below a confluence of key SMA, Fibonacci retracement for fourth week in a row. Bullish MACD, sustained trading beyond an ascending trend line from June 19 favor the…