Category Archive: 4.) Forex Live

USDJPY trends higher and higher but has found willing sellers near a swing area target.

What next technically for the USDJPY currency pair?

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AUDUSD keeps the trend going to the downside but reaches a key swing level target. What next?

The 0.65229 level in AUDUSD was near the low today and that was a low back in November and December before running higher.

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Gold is lower as yields move higher, the dollar moves higher. What about the technicals?



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EURUSD bounces off the 200 day MA. Buyers and sellers continue to battle

The EURUSD dipped to a new low in the early NY session but did hold the support at the 200 day MA. On the topside, swing area resistance is between 1.08788 and 1.0894.

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Kickstart the FX trading for January 17, 2024.with a look at EURUSD, USDJPY and GBPUSD

What levels are in play for the major currency pairs to start the US trading day on January 17, 2024

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Crude Oil Technical Analysis

#crudeoil #futures #technicalanalysis In this video you will learn about the latest fundamental developments for Crude Oil. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 0:44 Technical Analysis with Optimal Entries. 1:51 Upcoming Economic Data....

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Heading into the new trading day, the GBPUSD is trying to hold above a key floor.

The GBPUSD is facing intense selling pressure, with the price breaking below key support levels. Traders are closely watching the crucial 1.2602-1.26137 floor, which will determine the direction of the pair in the upcoming trading session.

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USDJPY moves to new session highs and in doing so, moves closer to a key technical target

USDJPY gains momentum as it approaches the 100-day moving average and 61.8% retracement, setting sights on resistance at 147.45. Traders anticipate potential correction after recent upward movement.

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Kickstart your FX trading for January 16 with a technical look at EURUSD, USDJPY & GBPUSD

EURUSD breaks key support levels, USDJPY reaches new highs, GBPUSD continues downtrend.

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USDJPY Technical Analysis

#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for USDJPY. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 2:24 Technical Analysis with Optimal Entries. 3:50 Upcoming Economic Data....

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What levels are in play for the major currency pairs to start the new trading week?

EURUSD and GBPUSD trade between 100/200 hour MAs, while USDJPY faces resistance near midpoint of downward move. Technical analysis for the week ahead as Martin Luther King Day ends.

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The playbook for 2024 trading

The big picture the question is: Will we return to a 2010s style regime of low inflation and low rates? Last week's CPI data showed that we are and I think that's a big tailwind for all risk assets. The focus right now is on central banks but waiting longer to cut rates probably won't be bullish for risk-sensitive currencies because headwinds are mounting, particularly due to housing and immigration. LET'S CONNECT! Facebook ► / forexlive​...

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Gold Technical Analysis

#gold #xauusd #technicalanalysis In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 0:37 Technical Analysis with Optimal Entries. 2:18 Upcoming Economic Data....

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ForexLive Video

Despite closing the week with a bearish bias, the AUDUSD shows potential for a reversal as it hovers near key support and resistance levels. Traders should watch for a breakout above the swing level at 0.6738 or a breakdown below the swing area at 0.6676 for further confirmation of direction.

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EURJPY tests cluster of technical levels creating a low risk opportunity to buyers/sellers

Swing level, moving averages, and Fibonacci retracement converge, providing low-risk/high-reward possibilities in EURJPY trading.

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The ups and down in the USDCAD continue. The buyers are shifting toward more control again.

Amid a volatile trading week, the USDCAD is making a comeback as buyers regain control. The price surged above swing areas and returned to sellers, but is now back above the 100 hour moving average. To increase the bullish bias, a move above the swing area is needed.

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The USDCHF sees buyers turn to sellers and the price moves back to a key swing level

USDCHF price drops below 100/200 hour MAs at 0.8508 after weak PPI data.

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Kickstart your FX trading for January 12 with a technical look at the EURUSD, USDJPY and GBPUSD

Volatile up and down action in the major currencies this week

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AUDUSD corrects off of the low and tests an old floor from the week.

Will sellers hold? AUDUSD corrects off low, retesting key resistance level.

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Buyers in the USD, tilts the USDCHF technicals to the upside. What would upset the bias?

Recent data boosts USD and pushes USDCHF higher, but key resistance levels and potential downside support levels need to be monitored closely. Buyers gain confidence if support holds at 0.8528-0.8537, while breaking below 0.85185 could weaken the bias. Traders should also watch for the 100 and 200 hour MAs as additional support targets.

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