Category Archive: 4.) Forex Live

EURUSD technical analysis. EUR/USD price forecast; 1.133

The EURUSD exchange rate has been on a downward trend since the beginning of 2022. However, in the long term, the EURUSD exchange rate could appreciate given the faster pace of growth expected for the Eurozone economy compared to the US economy. Consequently, i predict that the EURUSD exchange rate could reach 1.133 by the end of 2023. The technical analysis is based on a long term channel shown in the video and the volume profile of the price...

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USDCAD moves to a key swing area between 1.3207 and 1.3229

Move below 1.3207 would open the door toward 1.3132

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NZDUSD retraces Asian/European declines and extends back above 100 day MA

100 day MA at 0.6221. Close risk for buyers now.

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AUDUSD rides the US dollars decline

The AUDUSD moves above the 50% of the 2023 trading range at 0.6808

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USDJPY moves lower and back to swing area. Do buyers enter on the dip?

The swing area comes between 140.22 and 140.44.

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EURUSD moves higher after ECB rate hike. Inflation too high.

The low today held near the 100 day MA. Bullish. The price is now above the 50% of the move down from the April high.

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Russell 2000 Technical Analysis

This a quick technical analysis on the Russell 2000 with some fundamental background. For more visit ForexLive.com

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USDCHF sellers take firm control. Take pair to lowest level since May 22.

The price moves below the fitters the midpoint of the move up from the May low at 0.8983

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NZDUSD trades above the next target and looks toward the key 100-day MA

The NZDUSD is one of the biggest movers today with a gain of 1.0%. That has the price moving closer to the key 100-day MA at 0.6223. Support on the downside is at 0.6200 and the 50% of the move down from the May high at 0.61838.

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USDJPY falls to the 100/200 hour MAs after lower PPI data

The swing area above held resistance between 140.22 and 140.443

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Buyers are making a play in the EURUSD after the better PPI data

Can the buyers keep the momentum going through target levels?

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WTI Crude Oil Technical Analysis

This is a technical analysis on the WTI Crude Oil market with some fundamental background. For more visit ForexLive.com

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NZDUSD buyers had their shot above the 200 day MA. The momentum could not be sustained.

200 day MA in the NZDUSD was broken at 0.61488

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Buyers and sellers continue to battle in the EURUSD. Buyers still in control.

The swing area stalled the fall, but the 100 day MA and 38.2% looms on the topside

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The AUDUSD remains above 100 day MA today. Sniffed the May high and backs off.

AUDUSD buyers remain more in control above the 100 day MA at 0.67349

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USDCAD falls below the lows going back to early May, but only just barely…

The USDCAD failed on break of resistance at 100 hour moving average as well

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EURUSD rises above key target resistance after CPI, but failing.

The move above the 100 day MA and the 38.2% is failing after CPI data

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AUDUSD Technical Analysis

This a technical analysis video on the AUDUSD pair with some fundamental background as we head into the US CPI report today. For more visit ForexLive.com

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GBPUSD lower on the day and being influenced by the EURGBP

The EURGBP is reversing higher and helping to push the GBPUSD lower

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USDJPY trades a little up in a little down so far today. Waiting for the next shove.

The range of 58 pips is around half of the 117 PIP average over the last 22 trading days

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