Category Archive: 4) FX Trends
Kickstart your FX trading day with a technical look at the EURUSD, USDJPY and GBPUSD
What levels are in play today with a focus on a look ahead for the 3 major currency pairs.
In the kickstart video, I take a look at the major currency pairs for March 22, 2024. In the video, I look at the EURUSD, USDJPY and GBPUSD with a focus on what happened this week and what is ahead for today and going into the new week starting March 25.
Get ahead of the curve, by understanding the bias, the risk, the targets with the look back and look...
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CNY7.20 Gives Way as Strong Greenback Proves Too Much
Overview: The dollar's post-FOMC sell-off has
been completely reversed and the greenback has reached new highs for the week
against most of the G10 currencies. Heightened intervention fears and softer US
yields has helped steady the yen, which near unchanged now, and is the best
performer. The Scandis and Antipodeans are the heaviest, off 0.65%-0.90%. For
the first time since last November, the US dollar has risen above CNY7.20 and
continued to...
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USDJPY Technical Analysis – WATCH OUT for a key breakout
#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.
1:45 Technical Analysis with Optimal Entries....
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GBPUSD Technical Update: Stepping though technical levels on way to key day MAs
The 100-day MA in the GBPUSD at 1.2625 and the 200-day MA at 1.2593 are the next key targets
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The USDCAD chart is sloppy as the ups and downs continue.
The price of the USDCAD is trading within the cluster of MAs but above 100 and 200-day MAs.
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The SNB surprised with a cut today. What are the chart saying for USDCHF and EURCHF now?
The USDCHF and EURCHF move higher after the surprise cut in interest rates by the SNB. What next from a technical perspective.
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Market Hears a Dovish Fed and Sells the Greenback
Overview: The Federal Reserve triggered a dollar
sell-off yesterday and follow-through selling was seen in Asia before
profit-taking emerged. That created a new dollar selling opportunity in early European
turnover. The FOMC revised up this year's growth forecast, shaved the
unemployment projection, and while maintaining the PCE deflator forecast, and
the median dot remained for three cuts this year. The soft-landing scenario was
underscored and...
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Gold Technical Analysis – Dip-buying opportunity following the FOMC decision
#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.
0:38 Technical Analysis with Optimal Entries.
2:05 Upcoming Economic Data....
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What did the volatility from the FOMC decision do to the technicals in the USDJPY?
This video outlines the technicals in play for the USDJPY and explains why the levels in play are SO IMPORTANT.
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NZDUSD trades to new 2024 lows today and maintains a bearish bias. What shift the bias?
A technical look at the NZDUSD as we head toward the US Fed decision at 2 PM ET. What levels are in play? What would shift the bias back to the upside? What key targets loom on more downside momentum today?
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AUDUSD traders stall the rise today against a key MA and keep the sellers in control
The technical roadmap for the AUDUSD ahead of the Fed rate decision is explained in full.
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USDCAD bounces higher today but finds sellers near swing area resistance. What next?
It is Fed Day. What technical levels are in play for the USDCAD through the FOMC rate decision
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USDCHF extends above key retracement target. Trades at highest since November 14
The price of the USDCHF moves above its 61.8% retracement at 0.88957.. What is driving the pair technically.
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Dollar Extends Gains Against the Yen but Broadly Firmer Ahead of the FOMC
Overview: The US dollar remains bid ahead of the outcome of today's
FOMC meeting. No change in policy is expected, but the forward guidance, partly
delivered in the updated projections, is the focus. In the last iteration
(December), the Fed "dot" was for three rate cuts this year. Japanese
markets were closed for a national holiday today but dollar's gains against the
yen have been extended and the greenback is nearing the peak seen in...
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Navigating US OIL PRICE trends | Market Outlook with Exness
Curious about the recent behavior of the US oil price? You're not alone. Many traders are keeping a keen eye on the US oil price chart, trying to decipher where the US oil market is heading next. Something interesting is brewing this week with US oil trading. Could there be a lucrative opportunity as the price potentially dips to the $76 mark and then aims for a retest at $78?
Is it time to consider trading US oil?
In this Market Outlook with...
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