Category Archive: 4.) Forex Live

Russell 2000 Technical Analysis

Here's a quick technical analysis on the Russell 2000 with some fundamental background. For more visit ForexLive.com

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Don’t discount technicals when analyzing Bitcoin. A look at the technicals driving BTC/USD.

The price of bitcoin tumbled below the 100 and 200 day MAs and is finding support at the 38.2% retracement.

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Crude oil makes a comeback today. Settles at $81.25, up 1.07%

Crude oil bounces off the $79.00 support level for the 3rd day in a row

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USDCHF chopped higher in trading this week. What next going into the new trading week?

The USDCHF has chopped higher this week, but is testing a swing area high near 0.88193. Get and stay above would be more bullish for the pair as we head toward the new trading week.

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The USDCAD finds seller’s near retracement target. Will the sellers take charge now?

The USDCAD tested the 61.8% retracement of the 2023 trading range and stalled the rally today. Will sellers lean and start a corrective move lower now?

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Nasdaq moving toward key MA support and swing area support. Will the buyers show up?

The Nasdaw index is moving toward oversold from RSI perspective but be careful as trending markets are fast, directional, and can go farther than traders expect,. So leaning against levels is key.

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AUDUSD and NZDUSD tell similar technical stories today. What does that story say?

Key technical support targets stall the fall. 100 hour MA looms above as resistance.

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Kickstart your forex trading day for Aug 18:A technical look at the EURUSD, USDJPY, GBPUSD

The USD is moving higher. EURUSD trades to lowest level since July 6. USDJPY is testing its 100 hour moving average. GBPUSD is trading back below its 100/200 hour moving averages

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EURUSD Technical Analysis

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

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EURGBP down for the 5th day in a row and gets closer to swing area support

The EURGBP has swing area support between 0.8503 and 0.85195

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EURUSD retracing the gains and now lower on the day

The 100 hour MA stalled the rally in the EURUSD. Sellers in control.

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USDCHF trades in a sloppy up and down trading range, but there is a key area to eye.

The USDCHF has been trading up and down but the buyers are holding a small advantage above 100/200 bar MA on the 4 hour chart

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USDCAD corrects lower on day, but there is work to do for sellers to take more control.

Join us as we delve into the intricacies of the USDCAD currency pair, focusing on the pivotal 100 hour moving average situated at 1.34819. Discover why this critical level holds the key to understanding market sentiment and potential price movements. In this insightful analysis, we unravel the significance of the 100 hour MA and explore its implications for traders seeking to make informed decisions in the dynamic world of forex trading.

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Both the AUDUSD and NZDUSD found support buyers on the break to new 2023 lows today

Trend line and retracement/swing area support levels held support at lows in the AUDUSD and the NZDUSD pairs today

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

In today's forex analysis, we delve into the dynamic movements of the EURUSD, USDJPY, and GBPUSD currency pairs. The EURUSD makes a move towards testing the 100-hour Moving Average, then retraces – a pivotal juncture that calls for a closer look. Meanwhile, the USDJPY's impressive 8-day winning streak faces uncertainty, and the GBPUSD finds a base at the 100-hour Moving Average, shaping today's trading landscape.

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Possible decline for EURJPY | Market Outlook with Exness

The euro-yen pair is currently trading close to its all-time high, but technical indicators suggest the possibility of a correction towards the downside. The first point of support is expected to be around the ¥156 price area. The yen's continuous incline of the decade bond yields is the primary narrative driving its possible further strength. This week, the Japanese and European inflation rates are the most significant releases expected on...

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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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Buyers and sellers are battling it out in the USDCHF. What would tilt the bias?

The USDCHF pair is testing a support target for the USDCHF between 0.8779 and 0.8782

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AUDUSD is oversold technically, but can the buyers muster the needed momentum higher?

Watch 0.64586 in the short term, then get above and the 100 hour MA at 0.6489, and buyers can feel more confident.

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RBNZ kept rates unchanged, remains concerned on inflation, but technicals remain bearish

Key Price Obstacle Unveiled: The NZDUSD's Attempted Rally Halted by the 100-Hour Moving Average.

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