Category Archive: 4.) Forex Live
USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.
The good news for USDCAD traders is the support held. Resistance is holding. The 50% midpoint sits between the extremes to act as a rudder for buyers and sellers technically in the USDCAD.
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Kickstart the FX trading day (post NFP) with a technical look at EURUSD, USDJPY, GBPUSD.
The US jobs report was weaker than expected and that has kicked the USD lower. What are the technicals telling us now?
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Gold Technical Analysis – Waiting for the US data to give us a direction
#gold #xauusd #technicalanalysis
In this video you will learn about the latest fundamental developments for Gold. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:28 Technical Analysis with Optimal Entries.
1:37 Upcoming Economic Data....
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USDCHF breaks lower today and down to a swing area low. Finds buyers.
The pair broke low and back below a key old ceiling area from April between 0.9147 to 0.91558.
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The USDCHF broke yesterday to the upside. What keeps the buyers in control?
What is the next key target area for the pair? In this video, I answer the questions in this video..
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Kickstart the FX trading day for May 1 w/a technical look at the EURUSD, USDJPY and GBPUSD
What are the key technical levels that will drive the major currency pairs going into the key FOMC rate decision?
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BREAKOUT. A number of the major currency pairs are making a break for it. What next?
The FOMC rate decision looms at 2:00 PM ET tomorrow and the USD is making a break for it to the upside. What are the charts telling us now?
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AUDUSD ending an up and down and up and down month near the midpoint level.
The 50% midpoint of the price action this month comes in at 0.65028. The price of the AUDUSD is trading within a few pips of that level today.
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The USDCAD buyers take charge. Can they hold control now?
Traders today will watch the 38.2% retracement of the move down from the April high at 1.37134 support
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USDCHF stays below ceiling area. A move above 0.9156 is needed to increase bullish bias
The swing area between 0.91469 and 0.9156 continues to stall rallies in the USDCHF effects they go.
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Kickstart the FX trading day for April 30 w/ a technical look at EURUSD, USDJPY and GBPUSD
The USD is higher after the US employment cost index came in stronger. What are the technicals telling us now?
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