Category Archive: 4.) Forex Live

Platinum’s possible breakout | Market Outlook with Exness

In this week's Market Outlook with Exness, we see that platinum is poised for a potential breakout from its downward trend in the coming days, following a solid short-term rebound that countered its previous decline. Current market dynamics for metals, platinum included, are heavily influenced by the Fed's less aggressive stance in light of the USA's easing inflation. However, this positive sentiment is somewhat tempered by reduced demand from...

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Gold could recover | Market Outlook with Exness

In the near future, gold might bounce in a primarily technical move as the price emerges from oversold conditions and the appetite to push lower appears limited. At the Fed's next meeting in a month, the funds' rate will likely remain at 5.25-5.5%, which is the primary narrative. Nevertheless, this idea may be invalidated if the American inflation data are surprising.

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USDJPY makes new session lows. Seller making a play. Can they keep the momentum going?

The USDJPY is making new session lows and in the process is moving below last Tuesday's high and last Wednesday's low. That level comes in at 148.59. Going forward getting and staying below that level will keep the sellers more in control.

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EURUSD high today stalls at retracement level again

What next for the EURUSD?

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NZDUSD buyers had their shot today. They missed. What next for the pair?

A technical look at the NZDUSD after buyers earlier today took a shot above the 200 day MA and the 50% midpoint retracement.

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

In the morning kickstart video, Greg Michalowski of Forexlive.com takes a look at the 3 major currency pairs from a technical perspective to start your trading day.

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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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US 10 year yield higher. US dollar lower. Technicals are in play for both.

As the US 10-year yield moves higher, the USD is moving lower. That is not the normal relationship, but it is today.Technicals seem to be in play as the 10-year yield bounces off a key support area near 4.34%.  Meanwhile, the USD is breaking to the downside against a number of the major currencies.  So technicals seem to be the driving force behind the moves.

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

Kickstart your FX trading by understanding the technicals driving the forex market in 3 of the major currency pairs.

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S&P 500 Technical Analysis

Here's a quick technical analysis on the S&P 500 with some fundamental background. For more visit ForexLive.com

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AUDUSD bounces off old ceiling (now floor) support and rallies today

The AUDUSD fell yesterday but bounced off a key floor support near 0.6522. The move higher today has come off highs but is so far holding the rising 100 hour MA support. Staying above keeps the buyers more in control and will have traders looking toward the 50% midpoint of the move down from the July low at 0.65824. On Tuesday, that midpoint was tested but found willing sellers on the first look.

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USDCAD trades to new session highs but runs into the falling 100 hour MA

The 100 hour MA in the USDCAD is giving some cause for pause.

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Kickstart your FX trading for November 23 with a technical look at the EURUSD, USDJPY and GBPUSD

What technical levels are in play for your FX trading on November 23, 2023

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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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Kickstart your forex trading on November 21 with a look at the EURUSD, USDJPY and GBPUSD

USD is moving higher in early US trading

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USDJPY Technical Analysis

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

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EURUSD extends the trading range. Can the momentum continue?

Traders are eying 100-hour MA downside for EURUSD. Room to roam if sustained. Next target at 1.09119, then 100-hour MA at 1.08916.

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Gold is running and above $2000, but finding a stall point. Why and what next?

The price of gold is up sharply and back above $2000. What next?

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AUDUSD tests key 200 day MA and finds some stall

The 50% retracement level is also in play. The dual technical levels are attracting profit-taking/risk defining sellers.

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Kickstart your forex trading on November 21 with a look at the EURUSD, USDJPY and GBPUSD

The USD is lower to start the trading day led by the USDJPY

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