Tag: Swing

USDCHF bounces today after testing swing area and MA on 4-hour chart

In a post yesterday ("USDCHF moves down toward lower target area"), I spoke to the USDCHF USD/CHF ...

EURUSD moves back above the July swing low at 0.99515

Focusing on the daily chart of the EURUSD EUR/USD ...

EURUSD moves into – and above – a topside swing area

The EURUSD based in the London morning session near the 100 hour moving average currently at 0.9810. The subsequent bounce has now taken the price above a swing area between 0.98578 and...

Valid Swing High Low Indicator for MT5

Introduction to the Valid Swing High Low Indicator Price action traders often use swing highs and swing lows to identify the characteristics of a tradeable instrument market. This allows them to identify whether the...

NZDUSD tests topside swing area and 100 hour MA as buyers make a play.

The NZDUSD is making a run to the upside today after three days of declines for the pair. The price at the lows today stalled at an old trend line and bounced, the...

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