Category Archive: 4.) Forex Live

What technical levels are driving the EURUSD, USDJPY and GBPUSD today?

The EURUSD, GBPUSD and USDJPY made breaks yesterday and revisited those break levels today.  What key technical levels are driving those three major trading pairs today and why?

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Morning FX technical report: What levels are in play for some of the major currency pairs

In the morning forex technical report, I take a look at the EURUSD, USDJPY, GBPUSD and AUDUSD. The EURUSD moved to a key swing target and found willing sellers.  For the USDJPY, it held support at a key swing area, and moved back above the 100 hour MA. Can it stay above that MA level now? The GBPUSD meanwhile made a break higher, but has shown some signs of some profit taking. The buyers and sellers are battling in the short term.  The RBA...

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US morning technical report: USDCAD moves lower on higher oil prices

The USDCAD moved lower on the back of higher oil prices and in the process moved below the 100 day MA. That MA break shifts the sellers more in control. Stay below and traders will look toward the 200 day MA which has not been broken since August. The EURUSD moved lower and back higher. The pair is back into a swing area between 1.0866 and 1.08868.  The GBPUSD snapped back higher extending back above the 200 and 100 hour MAs in the process...

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Gold technical analysis: Getting ready for the big short

Is gold on the verge of a big short? Learn about the potential trading opportunity with a 7 to 1 reward vs. risk ratio in this gold technical analysis video. We discuss the triple top formation, signs of market fatigue, and the yellow channel with touchpoints at 1800 and 1975. Our strategy suggests shorting gold on the next possible spike up at 2010.8, with a final target around 1827 and a stop loss set at 2037 to manage risk. Keep in mind that...

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It’s quarter, month and week end. What to expect from some of the major currency pairs.

The US PCE came in weaker than expected and the USD is showing some weakness in trading today. In this report, we take a technical look at the EURUSD, USDJPY, GBPUSD and AUDUSD and outline the key levels in play. Stay up to date on the latest price action and potential trading opportunities.

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The GBPUSD fell to support on Friday, and buyers stepped in. Buyers in control.

In this video, we'll take a closer look at the recent movement of the GBPUSD, which fell to support on Friday before buyers stepped in. With the buyers now more in control heading into the new trading week, we'll explore the key levels to watch and potential trading opportunities that could arise. Join us as we provide you with valuable insights and analysis that can help you navigate the Forex market and make informed trading decisions.

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USDJPY: The USDJPY has a small bullish bias heading into the new trading week

In this video, we'll analyze the current state of the USDJPY and examine the potential bullish bias heading into the new trading week. Despite the recent move to the downside, the USDJPY is showing some technical signs of strength, and we'll explore the key levels to watch and the potential trading opportunities that could arise. Join us as we provide you with valuable insights and analysis that can help you navigate the Forex market and make...

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A drill down look at the EURUSD

In this video, we'll take a drill-down look at the EURUSD and examine the key levels in play from both a short-term and long-term perspective to start the trading week. Whether you're a short-term or long-term trader, we've got you covered with valuable insights and analysis that can help you make informed trading decisions. Join us as we explore the latest trends and provide you with actionable strategies that can help you succeed in the volatile...

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S&P technical analysis: Bulls are holding

In this video, we'll examine the current support and resistance levels in the market and discuss the VAL (value area low) price level of 3930. As long as the market doesn't close a day below this level, bulls are holding. We'll then take a closer look at the next targets of 4029 and 4080 and what they could mean for traders. Please note that trading involves risks, and we encourage you to conduct your own analysis and research before making any...

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Where do I start?

Last week was eventful, with numerous releases and events, making it difficult to know where to begin. In this video, we'll start from the very beginning and discuss the highlights of the week that was, including the Federal Reserve's actions and how the market reacted. We'll explore the apparent tensions between the Fed and the market and discuss how both may have been performing their roles. Join us as we provide valuable insights into the...

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Financial contagion causes more anxiety in the financial markets.

The financial contagion has affected Deutsche Bank shares, causing them to drop by 10% during trading. This decline has led to lower movements in other European shares and US financials, prompting investors to seek refuge in safe-haven currencies like the USD and JPY. In this forex technical report, we will analyze the EURUSD, USDJPY, and GBPUSD currency pairs, highlighting the key levels in play for today. Stay up-to-date on the latest market...

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The Day After. What are the technicals in the EURUSD, USDJPY and GBPUSD saying now?ForexLive Video

In this video, we'll be discussing the recent Fed rate hike of 25 basis points and how it has affected the USD. Despite the rate increase, the USD has moved lower. We'll analyze the technical indicators for three major currency pairs, the EURUSD, USDJPY, and GBPUSD, and provide insights into what they're telling us about market sentiment and potential trading opportunities.

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Risk on sentiment in the EUR to start the day one day before the FOMC rate decision

Join us for this Forex market analysis update one day before the FOMC announcement. As banking fears are abating, the EUR is moving higher against the USD, while the GBP is moving lower. At the same time, the USDJPY is showing an upward trend as expectations focus on higher rates. But what do the charts say? In this session, we'll analyze the latest charts and discuss potential trading opportunities based on technical analysis. Whether you're a...

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What levels will be key as the market prepare for the FOMC rate decision

The trading week is underway. What technical levels are in play.

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The quiet Fed is ready to speak

While the expectations for the Fed was turned upside down, the Fed was in a quiet period, where not a word was said. On Wednesday, the Fed will be ready to speak when they announce their rate decision. Has the market gone too far, during the Feds silence? Much will depend on if the Fed will take the ECB approach and address financial fires and monetary policy with different tools.

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Fed interest rate decision with technical analysis and forecast

See more at https://www.forexlive.com/technical-analysis/fed-interest-rate-decision-with-technical-analysis-and-forecast/

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All the balls are in the air now. Yields move lower. Stocks lower. USD higher…mostly

All the risk balls are in the air now. Yields are lower. Stocks are lower. The US dollars is mostly higher.  In the morning Forex technical report, I take a look at the EURUSD, USDJPY, GBPUSD and USDCHF. The USD is moving the most versus the EUR which is plummeting and looking toward the 100 day moving average. The GBPUSD is down but the declines are more contained. The USD is lower vs the JPY as the USDJPY reacts to lower rates. The USDCHF is...

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Yields are up, but they are down more

In the morning forex technical report, Greg Michalowski looks to make sense technically for the EURUSD, USDJPY and GBPUSD

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What are some technical levels in play for the EURUSD, USDJPY and GBPUSD?

As the markets continue to be driven by fundamental events, it's essential to understand the technical levels that can help guide trading decisions. In this weekly Forex technical analysis, I explore the key support and resistance levels for EURUSD, USDJPY, and GBPUSD, and discuss the potential biases for each currency pair.

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