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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USDJPY falls to the 100/200 hour MAs after lower PPI data

The swing area above held resistance between 140.22 and 140.443

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Buyers are making a play in the EURUSD after the better PPI data

Can the buyers keep the momentum going through target levels?

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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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NZDUSD buyers had their shot above the 200 day MA. The momentum could not be sustained.

200 day MA in the NZDUSD was broken at 0.61488

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Buyers and sellers continue to battle in the EURUSD. Buyers still in control.

The swing area stalled the fall, but the 100 day MA and 38.2% looms on the topside

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The AUDUSD remains above 100 day MA today. Sniffed the May high and backs off.

AUDUSD buyers remain more in control above the 100 day MA at 0.67349

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USDCAD falls below the lows going back to early May, but only just barely…

The USDCAD failed on break of resistance at 100 hour moving average as well

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EURUSD rises above key target resistance after CPI, but failing.

The move above the 100 day MA and the 38.2% is failing after CPI data

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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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GBPUSD lower on the day and being influenced by the EURGBP

The EURGBP is reversing higher and helping to push the GBPUSD lower

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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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AUDUSD moves from support at the 200 day MA to resistance at the 100 day MA.

Will sellers lean against the 100 day MA?

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GBPUSD extends higher in trades at the highest level since May 11

GBPUSD finds support buyers near swing area and 61.8% retracement

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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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