USDCAD moves up to retest the 100 hour MA and broken 38.2% retracement

2024-11-08

What levels are in play as we head into the new trading week

2024-11-05

This week’s Canadian dollar bounce highlights the Presidential premium

The world of foreign exchange is multi-variate so you never get a full grasp on what’s moving a currency on any given day.
Economics always overshadows politics and the US election has been playing out in the background for months. There are certainly election trades in equities and other pockets of markets but big macro trades have been tough to handicap, particularly because of the high probability of a divided congress.

Even last week as we entered the final countdown to the election, the signals were skewed because of a wave of top-tier economic data released alongside the final polls. Over a longer period of time, Treasury yields and the dollar have been rising but that’s mostly been due to better economic data

2024-09-13

#usdjpy #forex #technicalanalysis

In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.

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Topics covered in the video:

0:00 Fundamental Outlook.
0:54 Technical Analysis with Optimal Entries.
2:16 Upcoming Economic Data.

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Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive

#trading #daytrading #fundamentalanalysis

2024-09-11

The USDCAD is stretching higher but it comes with downs and ups. There is work to do, to increase the bullish bias.

2024-09-10

#gold #xauusd #technicalanalysis

In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.

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Topics covered in the video:

0:00 Fundamental Outlook.
0:50 Technical Analysis with Optimal Entries.
1:57 Upcoming Catalysts.

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Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive

#trading #futures #commodities

2024-09-06

The price of the USDCHF needs to get above the 100/200 hour MAs to increase the bullish bias. Absent that, and the sellers are still in control.