Category Archive: 4.) Forex Live

Apple’s stock is up strongly, but what would tilt the technical bias back lower?

Apple moved sharply higher this week and in doing so broke out of a range that had confined the pair since April 2023. What now? More specifically, what level- if broken - would shift the bias technicall back to the downside. I will outline those risks in the below video

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An updated technical look at USDJPY heading into to the weekend and the new trading week

What levels are in play in the USDJPY and why as the week comes to a close and the new week looms ahead

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The buyers and sellers each had their shot at breaking this week. Both shot and missed.

What next for the AUDUSD traders as we head into the new trading week?

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The USDCHF is lower keeping the seller in control. The 200D MA is a key downside target.

The bias is lower in the USDCHF, but there is the 200 day MA at 0.88968 needed to get below to give the sellers more control technically.

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USDCAD buyers push off the 100 hour MA today and extends toward swing are resistance

The USDCAD broken above and then retested the 100 hour MA at 1.3747. That is key. Buyers in control.

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Kickstart the FX trading day for June 14 w/a technical look at the EURUSD, USDJPY &GBPUSD.

What are the key levels to eye as the trading week comes to an end in the 3 major currency pairs?

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USDJPY Technical Analysis

#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. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 1:20 Technical Analysis with Optimal Entries. 3:09 Upcoming Economic Data....

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Why the Canadian dollar is in for a rough ride

It’s clear from Bank of Canada Governor Tiff Macklem’s latest speech that he wants to ease rates further but he’s still reluctant to signal it. That’s left us with the clunky line: “With further and more sustained evidence that underlying inflation is easing, monetary policy no longer needs to be as restrictive as it has been.” That’s an exact repeat of the line in the press conference last week where he also added that it was reasonable to...

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NZDUSD corrects lower but into MA support. Will the buyers stall the corrections fall?

The 200-hour MA at 0.6162 and the high of a swing area are stalling the fall near 0.61625

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Sellers in the GBPUSD test two moving average levels . Key for both buyer and sellers.

The 100 hour MA and the 100 bar MA on the 4-hour chart are being tested

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USDCHF trades up and down today & above and below MAs. Sellers are making the latest play

The 100 day MA at 0.89498 is now close risk for traders

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USDCAD remains in the up and down range with a bullish bias

Find out the technicals (and fundamentals) that are driving the USDCAD

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Kickstart the FX day for June 13 with a technical look at the EURUSD, USDJPY and GBPUSD

The fundamental economic news has been on the dovish/soft side. The Fed was more hawkish (relatively).That has the major pairs in a quandary.

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Gold Technical Analysis – The price whipsaws on US CPI and FOMC

#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. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 0:33 Technical Analysis with Optimal Entries. 2:01 Upcoming Economic Data....

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AUDUSD runs higher and toward 2024 high and the 50% of the range since the 2023 high

The 50% and May high comes in at 0.67134. Key target on the topside for buyers and sellers

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EURUSD moves to a new high and extends to the next swing area. What next technically?

A swing area between 1.08538 and 1.08617 looms above. There may be some profit-taking against the area on the first look

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USDCAD falls on CPI data, but runs into technical support at the 100/200 bar MAs on 4-hour

The 100 and 200 bar MAs on the 4-hour chart are being tested at session lows. Key barometer in the short term for buyers and sellers in the USDCAD today and going forward.

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USDCHF falls after better CPI data, but finds support buyers at swing area lows

The swing area lows from last week came between 0.8880 and 0.88916. The low price today reached just above that level at 0.8892.

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Kickstart the FX trading day for June 12 w/a technical look at the EURUSD, USDJPY & GBPUSD

The tamer than expected CPI data has pushed the USD lower, stocks higher and yields lower ahead of the FOMC rate decision later today. What now for the key technical levels?

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EURUSD Technical Analysis – A look at the chart ahead of the US CPI

#eurusd #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the EURUSD pair. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 1:11 Technical Analysis with Optimal Entries. 2:44 Upcoming Economic Data....

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