Category Archive: 4.) Forex Live

S and P Technical Analysis for 24 June and the week ahead

Looking for ES to reach the close area of 3900 which is the top of the potential range. Profit partial takers will be attracted to sell there, if it gets there, IMHO. We are stll building a base for a bullish reversal in the medium term, but watch your entry price as we are getting to the top of the potential range and you may want to bet that you can get a more attractive lower entry price during next week. For more technical analysis including...

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Nasdaq Technical Analysis for 24 June 2022, NQ1! 11818.00 ▲ +0.69%

Nasdaq futures reached our target of 11800 and looks like is heading towards 3 price points before temporary partial profits takers (sellers) will probably step in.

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Nasdaq Technical Analysis Update NQ1! 11528.75 for 23 June 2022

Nasdaq futures is still in our range and looks to still be headed to 11800.

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Nasdaq Futures, Quick Technical Analysis for 20-21 June, 2022

The bullish reversal attempt we mentioned in our previous Nasdaq technical analysis, is in play, and we have got our eyes on a new trading range for the next 2 days ( 20 and 21 of June 2022 ). NQ Futures price is 11374.75 (▲ +0.69%) at the time of recording.

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Technical Analysis for Nasdaq Futures, 17 June 2022, Support and Resistance

We look at key supports and resistances for Nasdaq Futures.

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Nasdaq Index Technical Analysis created on 17 June 2022

Analyzing and charting the Nasdax Index on the monthly chart. Created on 17 June and relevant for June and July 2022.

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What to expect from the FOMC and where to watch for a market turn

Wednesday's FOMC decision will be a major market mover and could deepen the wounds in financial markets but there's also reason to think that much of the worst is priced in. The US dollar has been extraordinarily strong and is near multi-decade highs on a number of fronts. Could that turn on the FOMC decision? LET'S CONNECT! Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Homepage ► http://www.forexlive.com/

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Bank of Canada faces a tough test

Adam Button from Forexlive joins BNN to discuss the June 2 Bank of Canada decision and the outlook for the Canadian dollar. The loonie is trading at a one-month high but housing will be a headwind in the months ahead. On the flipside, the relentless rally in oil led to a 14-year high in the current account surplus in Q1, with more to come.

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Forex Live – The Premier Source of Financial News for Professional Traders

Discover real-time market news, technical analysis, live charts and quotes, education, and more at https://www.forexlive.com/

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Central banks have taken off the gloves in the fight against inflation

Central banks have taken off the gloves in the fight against inflation. They’ll win but global growth will lose out. The market is no longer convinced that global central banks can tame inflation without a major hit to growth. Maybe that's not a recession but it's a much slower growth paradigm than assumed. We’re now pricing in terminal rates at the highest levels since before the financial crisis and the risks from there remain to the upside....

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The commodity currency trade is working: Why it has more room to run

For months, the Canadian dollar has been stuck in a push-and-pull from rising commodity prices, sinking risk appetite and a broadly rising US dollar. The loonie is now almost right in the middle of the range it's carved out in the past nine months but factors are lining up for a break; with one big caveat. LET'S CONNECT! Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Google+ ► https://plus.google.com/+Forexlive...

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Currency trades aren’t just for FX traders. How to hedge

Adam Button from Forexlive talks with BNN in an educational segment about the risks around currency exposure, particularly for the Canadian dollar. In the same way that bad stock trades suddenly morph into long-term investments, currency trades can turn into hedges at the worst possible time. There are plenty of opportunities in trading currencies but don’t mix the two. I’m a big fan of having multiple accounts at multiple brokers and one of the...

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Reluctance turning to belief for CAD bulls

What’s Next for the Canadian dollar 1) Why CAD is the best-performer this year The Canadian dollar is the top performing currency in the world this year and it’s not hard to see why. We’re at the start of a new economic cycle, commodities are booming and the US has spent heavily on stimulus. When we last spoke a month ago, I highlighted 83-cents as a target and here we are. That’s 1.20 in USD/CAD. IT’s a huge inflection level and a big...

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How this trader turned $200 into $190,000 in 4 hours

This is the story of Thomas, the 19-year-old trader who was working the factory night shift and trading on his phone. In a remarkable run over just four hours he turned $200 to $190,000 (CAD 250,000) and kept it all. It's an amazing run of nerve, luck and conviction and he takes ForexLive's Adam Button exactly through how he did it with live video screen captures and account statements. The nearly 1000x return in 240 minutes is one of the most...

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Canadian dollar hits 3-year high. What’s next and what’s next for the US dollar

Adam Button from Forexlive.com speaks to BNNBloomberg about the outlook for the Canadian dollar and the four reasons why it will continue higher. LET'S CONNECT! Facebook ► http://facebook.com/forexlive​​ Twitter ► https://twitter.com/ForexLive​​ Google+ ► https://plus.google.com/+Forexlive​​ Homepage ► http://www.forexlive.com/

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BOC cracks the dam; the Fed will break it

Adam Button of ForexLive speaks with BNNBloomberg regarding the Bank of Canada interest rate decision on April 21, 2021. He talks about what it means for the Canadian dollar this year and how the BOC decision paves the way for other central banks to follow. LET'S CONNECT! Facebook ► http://facebook.com/forexlive​ Twitter ► https://twitter.com/ForexLive​ Google+ ► https://plus.google.com/+Forexlive​ Homepage ►...

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Non trend transitions to trend. How you can sniff out trending markets.

Traders tend to get mesmerized by non-trending markets. They tend not to see a way out of the ups and downs and because of it, often miss out on a trend move where the price move is fast, directional and tends to go farther than most think. In this video, Greg Michalowski of ForexLive outlines how to prepare for a trending market by looking at a recent non trend market in the AUDUSD.

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5 Trading tips to trade like a pro

In this video, Greg Michalowski from Forexlive.com outlines 5 simple tips that will have you trading like a pro.

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The Crouching Tiger Trade

There are five things to look for when there’s nothing to see. There’s an inclination to scan markets and look for volatility. Oftentimes, it’s better to look for an edge in a market that isn’t moving. The crouching tiger will soon roar. The hidden dragon will breathe fire. LET'S CONNECT! Facebook ► http://facebook.com/forexlive​ Twitter ► https://twitter.com/ForexLive​ Homepage ► http://www.forexlive.com/

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ForexLive Webinar – Understanding Technical Analysis – Sponsored by FBS



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