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
Read More »
Read More »
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
Read More »
Read More »
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.
Read More »
Read More »
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.
Read More »
Read More »
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?
Read More »
Read More »
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....
Read More »
Read More »
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...
Read More »
Read More »
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
Read More »
Read More »
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.
Read More »
Read More »
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....
Read More »
Read More »
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
Read More »
Read More »
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
Read More »
Read More »
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.
Read More »
Read More »
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.
Read More »
Read More »
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?
Read More »
Read More »
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....
Read More »
Read More »