Category Archive: 4.) Forex Live

Filter archive by: Show All Show only Articles Show only Videos

S&P 500 technical analysis from 2009 todate: The big picture

2023-04-18

by

Watch the giant channel from 2009 which shall be your guide, should you choose it. Invest and trade at your own risk and visit ForexLive.com for additional views. https://www.forexlive.com/technical-analysis/sp-500-technical-analysis-from-2009-todate-the-big-picture/

Read More »

Wheat Futures price forecast: Going to 700, and later to 800.

2023-04-16

by

This technical analysis shows that on a lower (4 hour) time frame, ZW has broken out of an ascending wedge. The next probable target, in my opinion, is the 700 round number. However, investors or traders of wheat related assets may want to time their entries with a possible retest, while willing to pay a price that it might not do that and miss their entries. A balanced approach might be to scale into the trade. Trade at you own risk and visit...

Read More »

S&P 500 E-mini Futures Technical Analysis

2023-04-15

by

Despite the surprising selloff, following a rally on Friday, this video shows the technical lines and junctions why the sell off occurred (trigered by trading algos usually). Watch this possible map for further guidance. There are always many maps and many participants watching more than one map, but this is one of the main ones that I am watching. Visit ForexLive.com for additional views.

Read More »

The USD moves higher and retraces some of the week’s declines

2023-04-14

by

Fed's Waller spoke to inflation remaining too high with more hikes needed ("hikes" as in more than 1 more hike). That has given the USD a boost in early NY trading.  The 2 year is up 10 basis points. The 10 year is up 6 basis points. In this technical report, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCAD and outline the levels in play and show/explain why.

Read More »

BREAKOUT. The PPI and claims data send the USD lower.What next?

2023-04-13

by

BREAKOUT! The USD is breaking to new lows vs the EUR and GBP for the year, and the USDCAD is breaking below its 200 day MA for the first time since August 2022. For the USDJPY, it is making a break below its 200 hour MA.  So lots of breaks technically for the major currency pairs. Learn about it, and what's next in the morning forex technical report.  - EURUSD 2:18 - USDJPY 4:42 - GBPUSD 5:56 - USDCAD 7:12

Read More »

US CPI sends the USD lower. What next for some of the major currency pairs

2023-04-12

by

The USD moved lower after the US CPI data. The CPI showed a headline increase of 0.1% for the headline and 0.4% for the core. The Shelter costs continue to elevate the core measure (accounts for 1/3 of CPI data). It increased by 0.6%. Traders and analysts continue to look for lower shelter costs to start to kick in.   Nevertheless, the numbers has lowered yields and pushed up stock prices. The USD has moved lower.  In this video, I take a...

Read More »

USDCHF falls to a swing area support target and stalls. What next?

2023-04-11

by

Can the sellers keep control in the USDCHF? A day after buyers pushed the USDCHF higher and above the 200 hour MA - and failed - sellers have take control today and pushed the price of the pair back to where the price has found support buyers going back to last week's trading. Can the buyers now push the price back higher?  Or will the sellers remain in control and push the pair even lower?   IN this video, I explain the levels in play TODAY as...

Read More »

The EURUSD and the GBPUSD move back toward the 100/200 hour MAs

2023-04-11

by

The USDJPY is trading back below its 100 day MA. What next? In the morning Forex technical report, I take a look at the EURUSD, USDJPY and the GBPUSD. Both the EURUSD and GBPUSD or higher, but have backtracked lower and tests the 100 and 200 are moving average areas. For the USDJPY, it had a shot above its 100 day moving average both yesterday and into today's trading, but has failed and trades below the level.  Can the sellers stay below that...

Read More »

Bullish S&P 500 E-mini Futures: Technical Analysis Reveals 4170+ Price Surge! Don’t Miss Out

2023-04-08

by

Good Friday hinted that we are going up. The demonstrated technical analysis hints support more up for ES. Trade at your own risk and visit ForexLive.com for additional views. See possible updates within the comment section at https://www.forexlive.com/technical-analysis/bullish-sp-500-e-mini-futures-technical-analysis-reveals-4170-price-forecast/

Read More »

SPX technical analysis: Anticipating 4200 next

2023-04-07

by

S&P 500 index is holding well and at the bring of breaking out of the bull flag. I am targeting 4200. Visit ForexLive.com for additional views. Updates may be published in the comments section here: https://www.forexlive.com/technical-analysis/spx-technical-analysis-im-bullish-with-a-4200-target/

Read More »

VIDEO: Initial claims data readjustments from seasonals influencing the major currencies

2023-04-06

by

The US initial jobless claims seasonal adjustments mainly due to volatility of covid data (still living that nightmare), sent that series to the upside and change the trend of jobs since mid-January from strong to getting weaker. There markets reacted to that data. In this video I explain the early moves in yields and then in some of the major currency pairs including the EURUSD, USDJPY and the GBPUSD.

Read More »

Party with the elite at the Networking Blitz – the opening party of #FMAS23

2023-04-05

by



Read More »

AUDUSD rebounds off lows but retracement stalls near resistance

2023-04-05

by

The AUDUSD fell sharply today but has seen a bounce with the USD selling. The price trades between short term support and resistance. What does that look like? What's next? Those questions are answered in this trading video.

Read More »

VIDEO: USDCAD tries to end 7-day slide, but technical resistance keeps a lid on the pair

2023-04-05

by

The USDCAD has rebounded today and tries to break a 7 day slide.  The correction higher, however, has run into some short term resistance that puts a lid on the pair.   In this video, I step through the daily and hourly charts of the pair and show in detail what levels are in play.  It is important as a trader to understand the "whys". This video explains so you can replicate the ideas in your trading going forward.

Read More »

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

2023-04-05

by

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?

Read More »

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

2023-04-04

by

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...

Read More »

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

2023-04-03

by

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...

Read More »

Gold technical analysis: Getting ready for the big short

2023-04-01

by

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...

Read More »

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

2023-03-31

by

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.

Read More »

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

2023-03-26

by

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.

Read More »