Category Archive: 4) FX Trends
Sellers in the AUDUSD are pushing the price below old floor. Can the sellers keep pushing?
The 0.6433 to 0.64419 was a floor in the month of November and is being broken in Asian Pacific session.
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Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month
Overview: The US dollar is mostly softer today. The only G10 currency that has not gained on it today is the Swedish krona, which is nursing minor losses. Still, the tone is one of consolidation and this may persist through the North American session, ahead of tomorrow US employment report. The median forecast in Bloomberg's survey has crept up to 215k. Most emerging market currencies have also gained on greenback, but the South Korean won. The...
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Gold Technical Analysis – The rangebound price action continues
#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.
1:18 Technical Analysis with Optimal Entries.
2:26 Upcoming Catalysts....
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Technicals in the AUDUSD & NZDUSD are showing similar patterns. What does that look like?
Swing areas are resistance in both the AUDUSD and the NZDUSD. Can the prices in each remain below those swing areas today and instead prove lower?
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DOGEUSD price forecast: At what price can I buy DOGE after it went up over 160% in Oct 2024?
Dogecoin Price Prediction: Is $1 Achievable? Key Buy Zones Explained
In this video, Itai Levitan from ForexLive.com dives deep into Dogecoin’s (DOGE) price prediction and its potential to hit the $1 milestone. With strong backing from Elon Musk, adoption growth, and a vibrant community, Dogecoin has become a major altcoin to watch. But is the current price overextended after its recent staggering rally? More importantly, where should you consider...
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Busy Wednesday: French Confidence Vote, Fed’s Powell Speaks, ADP Jobs Estimate, and Beige Book
Overview: The dollar is mixed on what will start critical second half of the week. France holds its confidence vote in a few hours. Fed Chair speaks at a moderated discussion at the New York Times around 1:40 ET. The US data focus shifts to the labor market with the ADP estimate today and the nonfarm payroll report on Friday. The head of the main opposition party in Japan stepped down ostensibly until March due to a personal scandal and this has...
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USDJPY Technical Analysis – The chances for a rate hike dwindle
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. 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.
1:21 Technical Analysis with Optimal Entries.
2:39 Upcoming Catalysts...
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The AUDUSD is running to the downside, but is now testing a key floor. What next?
In addition to a technical look at the AUDUSD, I also take a technical look at the NZDUSD
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Kickstart the trading day with a technical look at the EURUSD, USDJPY & GBPUSD
What are technicals saying in the 3 major currency pairs to start the trading day on December 4, 2024.?
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US-China Exchange Export Restrictions, Yuan is Sold to New Lows for the Year, while the Greenback Extends Waller’s Inspired Losses
Overview: The US dollar has extended the losses scored late yesterday when Federal Reserve Governor Waller indicated he was still leaning toward a December rate cut. The odds of a rate cut rose to around 76% from about 66% at the end of last week. The odds are slightly lower today, around 72%. A solid jobs report on Friday and another uptick in CPI may change some minds. The only G10 currency that is weaker today is the Japanese yen, and it is off...
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Gold Technical Analysis – The market awaits key catalysts for the next 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.
1:08 Technical Analysis with Optimal Entries.
2:11 Upcoming Catalysts....
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GBPUSD falls on Monday but bounces off a key downside target.,
Buyers and sellers are battling between 100 bar MAs up to 1.2676 and a key swing level and 50% retracement at 1.26147
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EURUSD bounces off support but sellers remain in control
What would tilt the bias back in the buyers favor? I will answer that question in this video.
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French Government on Precipice, Presses Euro Lower
Overview: The US dollar is beginning the new week and month on a firm note. It is rising against all the G10 currencies and nearly all the emerging market currencies. US-President-elect Trump's threat to BRICS if they abandon the dollar is symbolic than substantive, as we have argued, despite the occasional claim to the contrary, a BRICS currency is not realistic, and the China has little interest in fostering another competitor to the yuan. Still,...
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