Category Archive: 4) FX Trends
EURJPY sellers have been leaning. That is staying below the 100 day MA, & the 100 hour MA
I will show you where those levels are now and why they are so important for buyers and sellers in the EURJPY pair.
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Kickstart the FX trading day for July 29 w/a technical look at the EURUSD, USDJPY & GBPUSD
The EURUSD and GBPUSD have moved lower. The USDJPY is trading up and down to start the trading week
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Market Boosts Odds of a BOE Rate Cut this Week
Overview: The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate cut this week and Chancellor of the Exchequer Reeves plays up the poor state of public finances left by the Conservative government. Sterling (and the euro's) five- and 20-day moving averages have crossed. The yen is mostly within the pre-weekend...
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Unlock the secrets to professional trading success with Adam Button, Chief Currency Analyst at ForexLive, in his presentation "Becoming a Pro Trader."
With over 15 years of experience, Adam shares invaluable insights and strategies to boost your profitability. Discover the five magic words that can transform your trading approach, hear expert advice from legendary investor Jim Rogers, and learn how doing your homework can give you a...
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USDJPY Technical Analysis – The pair bounced on the key 152.00 support
#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.
1:36 Technical Analysis with Optimal Entries.
3:01 Upcoming Economic Data....
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Week Ahead: Alphabet Soup–BOJ, EMU CPI, FOMC, BOE, US NFP
A dollar-centric narrative would note that the greenback rose against most of the G10 currencies last week. Yet, the dollar, the most actively traded currency, was arguably not the prime mover in recent days. Rather, the unwinding of carry trades seems to be the driver of much of the price action. The low yielding yen and Swiss franc were the only G10 currencies to rise against the US dollar. The Australian and New Zealand dollars were the worst...
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What technical levels are in play for the EURUSD for the week starting July 29
In the video, I take a technical look at the levels in play for the EURUSD as the new trading starting July 29 begins.
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What technical levels are in play for the GBPUSD for the week starting July 29
In this video I take a look at the key levels in play for trader for the week starting July 29
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What technical levels will guide the USDJPY in the new trading week starting July 29.
The USDJPY fell sharply in trading this week, but bounced off a key support .. What levels are in play for the pair.
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USDCHF bounces as flight to safety flows abate. What levels are in play going forward?
The USDCHF has strong support at the 50% retracement of the range since the December 2023 low at 0.8777, and strong resistance against the broken 38.2% and 200 day MA at 0.8830.
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USDCAD. Is it a break or is it not? Well a little of both. A technical look at the USDCAD
In the USDCAD the price moved above the Red Box this week, but it could not run above the April 2024 high.
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Kickstart the FX trading day for July 26 w/a technical look at the EURUSD, USDJPY & GBPUSD
The EURUSD and the GBPUSD is waffling up and down. The USDJPY moved higher but into resistance.
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Is the Dramatic Yen Short Squeeze Over?
Overview: The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day's low and has risen, though slightly, above previous session's high. The Antipodeans and Scandis are trading with a firmer bias. The yen and Swiss franc are the only two G10 currencies that are not stronger today. The stability of the yen appears to have removed...
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USDCHF bounces off the 50% of the range since December 2023 low.
There is key upside resistance that is stalling the bounce too. So buyers and sellers are battling.
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