Category Archive: 4.) Forex Live

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GBPUSD technicals are settling between 1.2600 below and 1.2700 above. Sellers in control.

2023-08-03

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The GBPUSD price is lower on the day, but there was a bounce off of targeted support area.

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WTI Crude Oil Technical Analysis

2023-08-03

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

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VIDEO: A summary of the the technicals for some of the major currency pairs (August 2, 2023).

2023-08-02

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In the end of day video, a look at the EURUSD, USDJPY, GBPUSD and the AUDUSD

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USDCAD buyers are making a play from various perspectives. Find out the driving dynamics.

2023-08-02

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A technical look at the USDCAD by drilling down from the daily, to the hourly to the 5-minute chart.

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VIDEO: A technical look at the price of crude oil. What next and why?

2023-08-02

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Crude oil moves below the 200 hour MA at $79.52? Can sellers keep the pressure on?

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NASDAQ index is down now 2% on the day. What damage has been done technically speaking?

2023-08-02

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The NASDAQ index test the 14,000 area. Key short term barometer ahead of the rising 200 hour MA at 13923.81.

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The AUDUSD trades to the lowest level since June 1. Breaks below swing area on daily chart

2023-08-02

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AUDUSD traders watching 0.65468 as close risk up to 0.6566

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USD moving higher and the EURUSD, USDJPY and GBPUSD pairs are testing key target

2023-08-02

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An updated look at the three currency pairs including the EURUSD, USDJPY and GBPUSD.

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USDCHF trades to a new high. Yields starting to impact as rates move higher

2023-08-02

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In early US trading, the GBPUSD has reached new session lows, maintaining its downtrend as upside resistance at the highs continues to cap the pair's gains. The selling control remains prominent in the market. In this video, we closely analyze the recent price action of the GBPUSD and discuss potential scenarios for the currency pair. Join us as we examine critical support and resistance levels, market sentiment, and other technical indicators to...

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GBPUSD trades to new session lows. Holds upside resistance at highs keeping selling control

2023-08-02

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In early US trading, the GBPUSD has reached new session lows, maintaining its downtrend as upside resistance at the highs continues to cap the pair's gains. The selling control remains prominent in the market. In this video, we closely analyze the recent price action of the GBPUSD and discuss potential scenarios for the currency pair. Join us as we examine critical support and resistance levels, market sentiment, and other technical indicators to...

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ForexLive Video: USDJPY dips into support and bounces

2023-08-02

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In this ForexLive video, we analyze the recent price action of the USDJPY, which has dipped into a swing area on the daily chart and subsequently experienced a bounce. The swing area's support level has held, signaling the resilience of buyers, who continue to exert control over the currency pair. Join us as we closely examine the implications of this bounce and discuss potential scenarios for the USDJPY going forward. Stay informed and make...

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EURUSD reverses the gains from the Fitch downgrade. Price finds sellers near 100 hour MA

2023-08-02

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Following the Fitch downgrade, the EURUSD has experienced a reversal, giving back its earlier gains. Notably, the price has encountered sellers near the 100-hour moving average (MA) in 3 out of the last 4 trading days, indicating significant resistance at this level. In this video, we closely monitor the EURUSD's price action and discuss the implications of the sellers' presence near the 100-hour MA. Stay informed with our analysis to make...

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EURUSD Technical Analysis

2023-08-02

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

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A look at the USD vs some of the major currencies as the new day approaches

2023-08-01

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In this video, we conduct a comprehensive technical analysis of the USD against some of the major currencies, including the EURUSD, GBPUSD, USDJPY, USDCAD, and AUDUSD, as the new trading day approaches. Join us as we closely examine the price action, key support and resistance levels, moving averages, and other technical indicators for each currency pair. Stay informed and make well-informed trading decisions in the dynamic forex market with our...

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USDCHF buyers break the pair above trend line and 38.2% resistance today

2023-08-01

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In today's trading, USDCHF buyers have achieved a significant milestone by breaking the pair above a key trend line and the 38.2% resistance level. The 38.2% Fibonacci retracement level, positioned at 0.8729, has now become a crucial risk level for buyers as they navigate the pair's upward movement. Join us as we closely analyze the implications of these breakthroughs and discuss potential scenarios for the USDCHF going forward. Stay informed and...

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AUDUSD breaks lower today and now tests key lows from June/July

2023-08-01

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The AUDUSD experienced a sharp decline today after the RBA's decision to keep rates unchanged. As a result, the currency pair is currently testing the swing lows observed in both June and July. A breach below these levels would be significant, as it could lead to testing another crucial swing area on the daily chart. In this video, we closely monitor the AUDUSD's price action and discuss the implications of the RBA's decision and its impact on the...

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Buyers continue to push the USDJPY higher today. Price breaks above daily resistance today.

2023-08-01

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In today's trading session, buyers continue to exert their influence on the USDJPY, propelling the currency pair higher. Notably, the price has successfully broken above daily resistance, signaling a bullish sentiment. Furthermore, the USDJPY has surpassed significant technical hurdles, including the 61.8% retracement level at 142.49 and the high of a swing area near 142.654. Staying above this area would reinforce the bullish outlook for the...

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GBPUSD falls to new session low and tests Friday’s low in the process

2023-08-01

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The GBPUSD has fallen to a new session low, indicating that sellers are exerting more control over the currency pair. In the process, the pair tests the lows from last week and a significant swing area between 1.2738 and 1.2759. Join us as we closely monitor the GBPUSD's price action and discuss the implications of the ongoing selling pressure. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market.

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Multitask with your eyes while trading 🤌 #fx #forexlive #trading

2023-08-01

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EURUSD tilts technical bias further to the downside today. Pair looks toward next downside targets.

2023-08-01

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The technical bias for the EURUSD has further tilted to the downside today. As the pair heads lower, traders are now eyeing a swing area between 1.09329 and 1.09421 as the immediate downside target. Beyond that, attention turns to the 100-day moving average at 1.0909, which will serve as a crucial barometer for both buyers and sellers if tested. Join us as we closely monitor the EURUSD's movements and discuss potential scenarios for the pair in...

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