Category Archive: 4.) Forex Live
NZDUSD trades above the next target and looks toward the key 100-day MA
The NZDUSD is one of the biggest movers today with a gain of 1.0%. That has the price moving closer to the key 100-day MA at 0.6223. Support on the downside is at 0.6200 and the 50% of the move down from the May high at 0.61838.
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WTI Crude Oil Technical Analysis
This is a technical analysis on the WTI Crude Oil market with some fundamental background.
For more visit ForexLive.com
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AUDUSD Technical Analysis
This a technical analysis video on the AUDUSD pair with some fundamental background as we head into the US CPI report today.
For more visit ForexLive.com
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USDJPY trades a little up in a little down so far today. Waiting for the next shove.
The range of 58 pips is around half of the 117 PIP average over the last 22 trading days
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EURUSD higher but work to do for the buyers to increase the bullish bias
The 1.0810 area remains a key target on the topside if swing area support can hold today
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This week’s Fed rate hike decision. Complacency Could Spell Danger. But Also OPPORTUNITY.
The Federal Reserve (Fed) has raised interest rates 10 times since March 2022. The target range for the federal funds rate is currently 5.00% to 5.25%. The probability of a rate hike in the next meeting is low, at 18.6%. However, there have been instances in the past where the Fed has surprised markets by raising rates even when the probability of a rate hike was low. If the Fed does surprise markets by raising rates, it could lead to a sell-off in...
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ES Futures technical analysis, forecasted price of the beginning of the year reached. Where next?
ES Technical Analysis: Revisiting the January Forecast
https://www.forexlive.com/technical-analysis/e-mini-sp-500-futures-unraveling-the-4400-forecast-and-whats-next/
In this video, I revisit my January forecast for the S&P 500 E-mini futures contract (ES). At the time, I called for a move to the 4400 level, and we are now very close to that level. In this video, I will discuss the factors that have led to this move, and I will also provide...
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NZDUSD stalls near 38.2% of the May trading range
The price rise in the NZDUSD stalls against the 38.2% retracement keeping the sellers in play
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USDJPY playing the technical ranges with MAs above/swing area below
The 100 and 200 hour moving averages were tested and broken earlier at 139.53, but the break failed.
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EURUSD corrects into support today. Can the bounce lead to a rise toward 1.0810 target?
The support/risk comes in at 1.0747 to 1.0759. Get above 1.0786 ceiling and then 1.0810 becomes the target area
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