Category Archive: 4.) Forex Live

The US retail sales/PPI pushed the USD lower. What has that done to the bias/risk levels?

Stay ahead of the market with our in-depth analysis of the EURUSD, USDJPY, and GBPUSD. Learn about the impact of weaker US PPI and retail sales on the dollar, as well as key technical levels and biases for each currency pair. Discover the risks and next targets to watch.

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The morning forex technical report for January 17, 2023

In this video, we'll take a closer look at some of the major currency pairs such as EURUSD, USDJPY, GBPUSD and USDCAD. This is the latest morning forex technical report for January 17, 2023. We'll cover the levels that are currently in play, as well as the technical bias for each pair. This report will provide valuable insights into the current market trends to help you make more informed decisions.

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Bitcoin technical analysis @ ForexLive

In our previous video ( -Mek ), when BTC was at $16700, I called Bitcoin's upcoming rise and now we are over 27% above that in less than 2 weeks, a staggering rise. Now BTC is dancing around $22,000 and I lay out a tripple resistance area, close to $23k (see video for more specifics, and you are also welcome to draw the lines and patterns shown, on your chart). Watch the full analysis at...

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It is Friday the 13th. The morning forex technical report will help guide you through…

A technical look at the major currency pairs. In the morning forex report, Greg Michalowski of Forexlive looks at the EURUSD, USDJPY, GBPUSD, and USDCAD to kickstart the Friday the 13th trading day.

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Tips on using the MACD indicator in technical analysis

See the tips at https://www.forexlive.com/Education/5-useful-tips-for-using-the-macd-indicator-in-technical-analysis/

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Get the day started by reviewing the major currency pairs from a technical perspective

The morning forex technical report for January 11, 2023. The US CPI will be released at 8:30 AM ET tomorrow with the focus on things like the services CPI ex shelter as per Feds Daly. See post https://www.forexlive.com/centralbank/what-exactly-is-cpi-ex-rent-and-shelter-doing-20230110/ discussing that measure of inflation. Additionally, Greg Michalowski of Forexlive looks at the technical levels driving the EURUSD, USDJPY, GBPUSD, USDCHF and...

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Kickstart your trading day. A technical look at the EURUSD, USDJPY, GBPUSD and USDCAD

Get a view from the technicals and the price action from Greg Michalowski of Forexlive.com. Kickstart your day by watching the morning technical video. In this video, I review the EURUSD, USDJPY, GBPUSD and USDCAD to get the ball rolling.   Fed's Powell is speaking on a panel, but it will be the CPI data on Thursday which will be key event this week. Fed's Daly, told us yesterday that it is not only the CPI, but the service CPI ex housing which...

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Forex Quick Look: The GBPUSD is trading higher and away from 200 day MA level in the process

The GBPUSD is making a run to the upside in early NY trading and in doing so, is running away from the 200 day MA below. That has the buyers more in control. What next technically for the currency pair?

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VIDEO: USDJPY finds sellers near the 50% retracement. What next?

A forex quick look at the USDJPY from a technical perspective. The USDJPY has seen a rotation lower in the first few hours of trading in the US session, and in the process, stayed below the 50% midpoint of the 2022 trading range at 132.70.

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TRANSITION: The weekend forex technical report (and more) for the week of Jan 9, 2023

There are a lot of transitions that are going on from a fundamental and technical perspective. In this weekend video, Greg Michalowski of Forexlive, talks about the transitions that are occurring in the economy, politics and in the markets in his weekend Forex technical report. Set yourself up to understand the dynamics in play and how you might benefit in your trading this week.

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Accessing Paper Trading in TradingView

Paper trade futures with a trial account: It's the most critical component of your essay and procedure. Most brokerage companies provide free demo accounts so you may practice trading without risking your money. Before trading with real money, use this opportunity to test your trading technique and learn the market. You may also try TradingView's fantastic and straightforward paper trading, as seen here. Now some traders claim: Live trading...

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The morning forex technical report. The USD moves lower after the US jobs reportt

The USD moved higher in anticipation of the US jobs report. That report showed wages were less of a concern with an increase of 0.3% versus 0.4% MoM. Moreover the prior month was revised lower from 0.6% to 0.4%. Good news. The not so good news for a rate perspective is the unemployment rate ticked down to 3.5% from 3.6% (revised from 3.7%). That puts the unemployment rate near full employment which has potential for what wage gains down the road....

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Natural Gas technical analysis: Go Long, go big!

An excelland spot to go Long (at your own discretion) at this amazing technical junction.

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The morning Forex technical report for January 5, 2023

A technical look at some of the major currency pairs with the US dollar Click on the above video to watch the morning Forex technical report for January 5, 2023. IN the reported take a look at the lows and play for some of the major currency pairs versus US dollar including the EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD.

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S&P technical analysis for 05 Jan, 2023: Watch these simple price levels.

What the bull and bear price levels.

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The morning forex technical report for January 4, 2022

A look from a technical perspective at some of the major currency pairs vs the USD. The USD is lower in trading today, reversing some of the price action seen yesterday.

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VIDEO: A technical look at the EURUSD, USDJPY and GBPUSD to start the trading day

The USD rose vs the EUR and GBP but is dipping in early NY trading. Meanwhile the USD fell and is now rising vs the JPY. It is the start of the new year and that has the markets a little more awake with some active trading ranges in some of the major currency pairs. The EUR and the GBP moved lower vs the USD in early European trading helped by some weaker inflation data and warmer weather perhaps which has some inflation fears abating. However,...

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A broad look of the EURUSD going into 2023

The EURUSD is starting the trading year with more upside momentum and in the process retraced some of the declines from the EURUSD's decline in 2022. The pip trading range for the 2022 year was about 2000 pips which is near the extreme of the low to high trading range over the last 12 or so years. What will 2023 bring us, if we anticipate a more normal range of about 1400-1600 pips and the rallies are to be sold in the EURUSD? IN this video,...

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2023 investing outlook

Adam Button from ForexLive talks about 4 Themes for 2023: 1) Give China a KISS 2) Europe is a weather trade 3) One data point to the next 4) The biggest danger to Canadian housing is the US consumer Adam expanded on the themes he is expecting: https://www.forexlive.com/news/4-trading-themes-for-2023-1-never-underestimate-the-spending-power-of-the-us-consumer-20230101/

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A happy new year (2023) with this Bitcoin analysis from ForexLive.com

Bitcoin may be making a very early comeback. This technical analysis shows what are the bullish and bearish prices that provide a higher level of confirmation. Visit ForexLive.com for more technical analysis.

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