Category Archive: 4.) Forex Live

USDCAD rebounds from 1.3300, surges to new highs

Discover how the USDCAD rebounded off 1.3300 support and surged to new session highs, giving buyers firm control. Learn the key levels to watch and their impact on short-term control.

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EURUSD finds support buyers near 1.0942 area, but bounce is modest

The sellers in the EURUSD today, took the price back to the midpoint of the range since the 2020 high at 1.0942 (the low reached 1.0940). The buyers leaned against that level and bounced the price modestly to 1.0967. Since then the price is trading up and down withing the 27 pips range. Given the sharp move lower today, and modest correction, I am inclined to keep the short term tilt to the downside. However, the price needs to get and stay below...

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USDCHF reverses course in trading today: Short-term technical bias shifts a little to the upside

Discover why the USDCHF is bouncing back after last year's decline and gain insights from a technical perspective.

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USDCAD surges above 1.3300 level, Bulls take back some control above 200 hour MA.

USD/CAD gains momentum, breaks key resistance levels, targeting 38.2% retracement at 1.33451. Buyers find support at 1.3300, setting the stage for further upside potential.

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EURUSD, USDJPY, and GBPUSD: Technical Analysis and Trading Targets to kickstart the US day

Get insights into the EURUSD, USDJPY, and GBPUSD charts to kickstart your trading year and identify key levels for support and resistance.

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GOLD TECHNICAL ANALYSIS

#gold #xauusd #technicalanalysis In this video you can learn about the latest fundamental developments on Gold and the risks around the bullish view. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 📈 Why Gold has been rising steadily and what is the future outlook. 📊 Technical...

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EURUSD surges to new heights: What’s next?

Discover the latest EURUSD price action and find out what's in store for traders. Plus, learn how USD weakness is driving the bullish momentum in the market.

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Gold Technical Analysis

Here's a quick technical analysis on Gold with some fundamental background. For more visit ForexLive.com

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WTI Crude Oil Technical Analysis

Here's a quick technical analysis on WTI Crude Oil with some fundamental background. For more visit ForexLive.com

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USDJPY Technical Analysis

Here's a quick technical analysis on USDJPY with some fundamental background. For more visit ForexLive.com

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Gold Technical Analysis

Here's a quick technical analysis on Gold with some fundamental background. For more visit ForexLive.com

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AUDUSD trades above and below the 50% of the 2023 range. Key barometer next week.

The AUDUSD surged above the 50% range midpoint at 0.67134, indicating a potential bullish bias, but failed on a number of tries. Nevertheless, expert traders use that level as a key barometer next week.

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EURUSD nears key support as Europe closes,bulls brace for a possible reversal of the trend

EURUSD hits new lows but crucial 1.0900 support level may hold, pivot crucial for bullish bias continuation or further downside probing.

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USDCAD bottoms against a swing area target imbalances. What next?

USDCAD hits swing area support at 1.3370 - 1.33776 and faces potential downside if it breaks. Buyers need to surpass 1.3400 to gain control. A catchy update on the USDCAD currency pair.

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Kickstart your FX trading for December 15 with a look at the EURUSD, USDJPY and GBPUSD

Discover key takeaways from NY Fed Pres. Williams' remarks on rates, driving up USD and impacting EURUSD, USDJPY, and GBPUSD. Watch for support at 1.0900 in EURUSD, resistance at 142.519 in USDJPY, and bearish entries below 1.27325 in GBPUSD.

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USDJPY Technical Analysis

Here's a quick technical analysis on USDJPY with some fundamental background. For more visit ForexLive.com

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The GBPUSD runs higher today spurred on by more hawkish BOE

The GBPUSD ran higher today spurred on by follow-through USD selling after the more dovish Fed, and follow through buying in the pair by a more hawkish BOE today.

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AUDUSD breaks free from trading range, bullish sentiment continuesForexLive Video

The AUDUSD broke out of its trading range and is now moving upwards. The price has reached the 50% midpoint of the 2023 trading range, but fluctuations are still occurring. Close attention should be paid to the risk level defined by recent highs. Watch the video for an analysis of the pair's technical factors and potential challenges to the bullish bias.

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ForexLive Video

The EURUSD is making a strong upward move, exceeding resistance levels and testing the 1.1000 target. Further gains could be expected if it surpasses swing highs at 1.1008 and November's high at 1.10165. Maintaining support above the 61.8% retracement and a key swing area near 1.0959 keeps buyers in control, but a drop below may lead to corrective probing.

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The USDCAD tumbles lower and in the process is stretching toward key retracement target

The USD/CAD is nearing its 61.8% retracement at 1.33999 as the dollar weakens. Breaking below 1.3400 could lead to further downside with a target at 1.3378.

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