Category Archive: 4.) Forex Live

ForexLive Video: The EURUSD holds near the low from yesterday and ahead of 38.2% retracement target.

The EURUSD 38.2% retracement of the move up from the July low comes in at 1.1106. That and 1.1095 is support for the pair going forward.

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ForexLive Video: The USDJPY is higher but coming off the highs into support. Find out where here.

The USDJPY is retracing to support in early NA trading.

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USDJPY Technical Analysis

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

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ForexLive Video: The USD is moving to new highs vs the EUR, GBP, JPY, CHF and NZD. What next?

The USD is trading to new highs vs a number of currencies. What technical and risk levels are in play now?

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ForexLive Video: AUDUSD fails on the run higher. Now the sellers are making a play in the pair

The AUDUSD raced higher in the Asian session on the back of better employment data. However, the run to the upside saw buyers extend a swing area near 0.6839 to a high of 0.68463, but that run was short lived. Buyers turned to sellers and the run to the downside started. The price is now below the 200 hour MA at 0.6784 after testing the close from yesterday at 0.6771. Can the sellers - who are not making the break - keep the momentum going? Stay...

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ForexLive Video: USDCAD spikes to 200 hour MA. It will take a move above to increase bullish bias

The buyers are making a play in the pair in the North American session

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USDJPY breaks above the 140.00 level. What next?

For the USDJPY, the 38.2% retracement of the moved down from the end of June high comes in at 140.224. A swing area high is up at 140.452

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The USDCHF is moving higher. Higher yields are help the bias, but work to do technically

USDCHF back above its 100 hour moving average. Can the momentum continue. That MA comes in at 0.8591. The 0.86307 is the target to get above. If done the 200 hour MA becomes the target at 0.8663. Yields are higher in the US helping the dollar buying.

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The GBPUSD sellers are taking the price below the 50% midpoint. Can they keep the momentum going?

Sellers in the GBPUSD have intensified their push, resulting in a break below the crucial 50% midpoint of the move up from the late June low, situated at 1.28658. This breakdown is signaling further downside potential. The next target for the bears is the 1.2835 level, followed by the 61.8% retracement of the move up from the June low. Join us as we delve into the technical analysis of the GBPUSD, exploring key support and resistance levels,...

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Part 2 of how the guy next door turned 200$ into 190,000$ in just 4h #forexlive #fx #trading



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The EURUSD chart now looks like the chart yesterday. What is needed to change the view?

The EURUSD chart seems to have taken on a similar pattern to yesterday's price action. The 100-hour moving average (MA) acted as a resistance level earlier today, limiting the upside momentum in the EURUSD. Traders are now eagerly watching for a potential breakout that could change the view of the pair. Join us as we examine the key levels to watch, including the 100-hour MA, support and resistance areas, and the potential implications for the...

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Dow Jones Technical Analysis

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

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The story of the guy next door that turned 200$ into 190,000$ in just 4h🫢 #forexlive #fx #trading



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GBPUSD technical update: Target in the GBPUSD reached at 50% retracement

In our earlier video on the GBPUSD today, we highlighted a key target at the 50% midpoint and a swing level at 1.26658. The price action has indeed bottomed at that level. Now, the question is, what's next for the GBPUSD? Join us as we delve into the latest technical analysis, examine critical support and resistance levels, and assess the market sentiment to provide insights on the potential direction of the GBPUSD going forward.

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AUDUSD lower on the day and back below its 200 hour moving average for the 2nd time today

The AUDUSD is facing selling pressure and has slipped below its 200-hour moving average at 0.67674 for the second time today. Sellers are making their presence felt, and if the pair remains below the 200-hour MA, it could signal that the sellers have gained more control over the short-term direction. Join us as we analyze the technical indicators and market dynamics to understand the potential implications for the AUDUSD.

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EURUSD cracks lower and looks toward support near 1.1184.

The EURUSD is experiencing a downward move, breaking below its 100-hour moving average and heading towards support near 1.1184. Traders are closely monitoring this key support level, as a break below could further increase the bearish bias in the short term.

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The USDCHF support and resistance are squeezing closer and closer together

The USDCHF is experiencing a tightening range as support and resistance levels draw closer together. Currently, the 100-hour moving average at 0.8593 is capping the pair's upward movements today. To regain control, the buyers must break above this key moving average and maintain their position above it.

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The USDJPY moves higher helped by BOJ Ueda comments, but technically speaking there are some issues

The USDJPY experienced a boost following comments from BOJ's Ueda, which pushed the pair above its 200-hour moving average. However, the excitement was short-lived as the currency pair saw a subsequent rotation back below this key technical barometer, posing a challenge for buyers. Join us as we delve into the technical analysis, examining the implications of the recent price action and discussing potential hurdles the USDJPY may face in the near...

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The GBPUSD is sharply lower after lower CPI in the UK. Sellers take more control

The GBPUSD experienced a sharp decline following lower-than-expected UK CPI data, causing sellers to take a stronger grip on the market. Despite recent gains and reaching its highest levels since April 2022, the currency pair has shifted its short to intermediate-term bias back to the downside. Traders are now eagerly awaiting to see what lies ahead for the GBPUSD.

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