Category Archive: 4.) Forex Live
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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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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EURUSD Technical Analysis
Here's a quick technical analysis on the EURUSD pair with some fundamental background.
For more visit ForexLive.com
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A technical look at the major currency pairs as markets head toward the new trading day
Understand what level are important and why going into the new trading day on November 21, 2023
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EURUSD and GBPUSD move to new highs as London/European traders head for the exits
Both the EURUSD and GBPUSD are making technical breaks to new highs as European traders exit for the day.
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GBPJPY falls to swing area and 50% retracement of recent move higher. Buyers enter.
GBPJPY falls to swing area and 50% retracement before bouncing back, indicating potential for further upside movement.
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USDCAD moves higher and into neutral area between 100 and 200 hour MAs
The USDCAD has moved higher in early NA trading and in the process moved above its 100 hour MA. Above the 200-hour MA looms as resistance. So the price bias is more neutral with the buyers making the most recent play.
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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 Technical Analysis
Here's a quick technical analysis on the AUDUSD pair with some fundamental background.
For more visit ForexLive.com
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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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