Category Archive: 4) FX Trends
USDCAD has its share of ups and downs over the last few days. Seller bang against support.
The Sellers are getting their chance against the 200 bar MA on the 4-hour chart and the 61.8%. Can they take more control?
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AUDUSD backs off from the 100/200 day MAs. Support near 50% and 100 bar MA on 4H chart
The AUDUSD is sharply higher from Monday's new 2024 lows, but runs into topside resistance
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Kickstart the FX trading day for Aug. 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
IN the kickstart video for August 9, I take a look at three of the major currency pairs, the EURUSD, USDJPY and GBPUSD from a technical perspective
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No, Chicken Little, the Sky is Not Falling
Overview: The most recent data showed that Japanese investors took advantage of the yen's strength last week to buy foreign bonds and stocks. The US weekly jobs claims to their lowest level in four weeks, suggesting that the slowdown in the labor market remains gradual. The sky is not falling. There is no emergency. With a 28% drop in Japanese bank shares in the first three sessions of the month, stress in Japan was acute, but Japanese official...
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Gold Technical Analysis – A better risk mood lifts gold
#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.
0:44 Technical Analysis with Optimal Entries....
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AUDUSD moving into a cluster of technical levels. Can the momentum continue?
A cluster of technical levels between 0.65733 to 0.6600 is home to 50%, 100 bar MA on the 4-hour chart and the 100/200 day MAs.
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USDCAD price action continues to find support buyers near retracement and MA support
The resistance in the USDCAD is also stalling the bounce near the 50% of the range since the July low. Buyers and sellers are battling between the levels
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USDCHF is moving higher on the day, but runs into the 200 hour MA resistance target
Getting above the 200-hour MA is needed to increase the bullish bias. The 100-hour MA did find support near the MA today.
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Kickstart the FX trading day for August 8 w/a technical look at the EURUSD, USDJPY, GBPUSD
The initial jobless claims came in lower than expectations helping to push the USD higher.
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Consolidation Featured
Overview: Yesterday's poor 10-year note US Treasury auction helped turn the equity market lower and this carried over into Asia Pacific and European activity today. Today, Treasury completes its quarterly refunding with the sale of $25 bln 30-year bonds. The general tone in the foreign exchange market is one of consolidation. Japanese investors were buyers of foreign stocks on bonds last week, according to the latest portfolio flow report, which...
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USDJPY Technical Analysis – All eyes on the US jobless claims today
#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.
0:57 Technical Analysis with Optimal Entries.
2:34 Upcoming Economic Data....
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Why does the 100/200 bar movings averages work? it is all about risk
It doesn't matter what chart time period, traders watch and use the 100/200 bar MA to define and limit risk.
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NZDUSD moves higher and moves closet to resistance targets. Could see some profit taking.
The 200 bar MA on the 4-hour, 100-day MA and 61.8% retracement loom above near 0.6317 and 0.6037
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USDCAD moves back into the guts of the “Red Box”. What does that mean for you?
The consolidation area that can find the pair from April to July was reentered late yesterday with more momentum lower in trading today. However, support is being tested against a retracement and moving average level.
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The USDCHF sees buying as “flight to safety” is unwound. What keeps the buyers in control?
The price moved above a swing area between 0.8549 and 0.8579 and then the 38.2% retracement of the move down from last week's high at 0.8601.
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Kickstart the FX trading day for Aug 7 w/a technical look at the EURUSD, USDJPY & GBPUSD
The EURUSD is up and down, the USDJPY is higher . The GBPUSD is higher as well. What has the price action done to the bias in each pair?
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