Category Archive: 4.) Forex Live

NZDUSD buyers lean against the 100 day MA and bounce the pair higher

The 100 day MA stalled the fall in trading today in the NZDUSD. That level was broken yesterday, tilting the technical bias more to the upside on the longer term chart. Staying above is important for the buyers today and going forward.

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USDCHF stays below key technical resistance at 0.8900. Cluster of resistance at the level.

USDCHF resistance at 0.8900. USDCHF support down to 0.8851. The battle is on between levels.

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AUDUSD attempts to break key resistance levels but falls short

Buyers of AUDUSD face obstacles as they try to surpass the crucial 38.2% retracement and swing area above 0.6522.

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Kickstart your FX trading for November 15 with a look at the EURUSD, USDJPY and GBPUSD

Kickstart your Forex trading day with a technical look at 3 of the major currency pairs for November 15

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WTI Crude Oil Technical Analysis

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

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AUDUSD skyrockets, targets key moving average

Biggest surge since January; AUDUSD gains momentum after US CPI data, eyeing 100-day moving average.

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Kickstart your FX trading for November 14 with a technical look at the EURUSD, USDJPY and GBPUSD

The USD moves lower after the tame CPI data. What next for the EURUSD, USDJPY and GBPUSD.

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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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AUDUSD corrects higher to 100 hour MA and finds sellers. Snaps 5 day slide though.

The AUDUSD corrected higher to the 100-hour moving average and found willing sellers. The move to the upside snapped a 5-day slide. That is the good news. The not-so-good news for the buyers is the sellers remain in control below its 100-hour moving average.

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NZDUSD finds support at key levels, awaits next move

The NZDUSD tested swing and moving average support before bouncing back. Traders are watching for a breakout above 0.5906 or a drop below 0.5870 for further direction.

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USDCAD sellers are making a play Break below 100 hour MA.

Work to do on the downside for the sellers including getting below the 200 hour and 50% retracement

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USDCHF bounces off 100 hour MA for the 3rd day in a row. Buyers hold that line.

The USDCHF's 100 hour MA proves to be a consistent support on dips.

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

In this morning video on November 13, 2023, I kickstart the Forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What are the biases, the risks, the targets for those three 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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USDJPY closing up for the 5th consecutive day. Pushes toward 2022 multi-decade high.

The USDJPY has been up for 5 consecutive days this week. The push higher has taken the price closer to the high from 2023 at 151.71. Above that is the 2022 high at 151.93 which represents a multi-decade high for the pair.

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EURUSD reaches 38.2% retracement but fails this week, sellers take control with more work.

EURUSD fails to break above the 38.2% retracement, giving sellers the upper hand. Buyers find support at the 200-hour moving average but face resistance at the 100-hour moving average. Traders watch these levels for a potential breakout.

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USDCHF price action volatile but finds support at key technical levels today. What next?

The USDCHF has experienced ups and downs in its price action, but has found support at important technical levels like the 200-day moving average and the 50% midpoint. Staying above these levels would be bullish, while moving below them would be bearish.

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AUDUSD dips for 5th consecutive day, Testing key support levels

The AUDUSD has fallen for the 5th day in a row, breaking below key support levels. Traders await further downside towards swing lows from October for potential targets.

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USDCAD surges to new highs for the day. Topside targets eyed.

The USDCAD is extending higher, reaching new highs for the week. It is trading above a swing level at 1.3813, with the next upside target at 1.3840 - 1.38512. The daily chart shows additional resistance at 1.3860, corresponding to swing highs from October 2022. This surge marks a significant move for the USDCAD.

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Unveiling the Currency Market technically: A look at the EURUSD, USDJPY, and GBPUSD

Discover the latest insights and trends in the EURUSD, USDJPY, and GBPUSD currency pairs. Get a technical analysis of the key biases, risks, and targets, along with the longer-term daily chart outlook. Stay updated on the current market movements and potential directional breaks.

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