Category Archive: 4) FX Trends
The USDCHF remains above the 100 day MA and 50% retracement. Key support at 0.8785.
The USDCHF is modestly lower on the day but remains above the key 50% midpoint of the move down from October and the 100 day MA near 0.8785.
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Kickstart the forex day with a technical review of the EURUSD, USDJPY and GBPUSD
What levels are in play for the 3 major currencies and why? A technical look at the EURUSD, USDJPY and GBPUSD.
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China’s CSI 300 Rises for Seventh Consecutive Session and Offshore Yuan Strengthens for the Sixth Session
Overview: The dollar is trading quietly
after being sold yesterday. It is still soft against the dollar bloc and the
Swiss franc but is firmer against the other G10 currencies. Narrow ranges have
dominated. Emerging market currencies are mixed, with central European
currencies and the Taiwan dollar trading softer. The offshore Chinese yuan is
firmer for the sixth consecutive session. The highlights of today's North
American session features minutes...
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WTI Crude Oil Technical Analysis
#crudeoil #futures #technicalanalysis
In this video you will learn about the latest fundamental developments for WTI Crude Oil. 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.
0:49 Technical Analysis with Optimal Entries.
2:09 Upcoming Economic Data....
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NZDUSD backs off highs to retest a key short term retracement level
The NZDUSD is off highs and retests its 38.2% retracement of the move down from the end of December high at 0.61637. That level will be close support.
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GBPUSD high today stalls at the MA resistance and reverses. What next?
The 200 bar MA on the 4-hour chart stalled the rally for the 2nd week in a row. Increases the levels importance going forward.
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EURUSD buying stalls. The price moved back between 100 bar MAs below and 200 bar MAs below
Traders will await the next break in the EURUSD with the 200-day and 200-bar MA on the topside, and the 100-day and 100-bar MA on the downside.
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The USDCAD is ready to session highs as the traders react to lower CPI data in Canada
While the USD is lower vs most other pairs, the greenback is higher vs the loonie as traders react to lower CPI
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USDCHF moves lower to test a dual technical support area
The 100-day MA and the 50% of the range since the October 2023 high are being tested on the downside. Can support buyers stall the fall?
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Kickstart your FX trading for Feb 20 with a technical look at the EURUSD, USDJPY & GBPUSD
The video takes a technical look at the 3 major currency pairs including the EURUSD, USDJPY and GBPUSD.
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Dollar Slips but Dip may Offer New Opportunity
Overview: The US dollar is offered today. It is
trading softer against all the G10 currencies, with the yen the notable
exception, and it is flat. The Antipodean are leading the way, taking out last
week's highs, as has the euro. That said, the intraday momentum indicators are
stretched as NY dealers return from the long holiday weekend. The Scandis are
also trading above last week's highs. The yen, sterling, Canadian dollar, and
Swiss franc are...
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EURUSD Technical Analysis
#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD 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.
1:43 Technical Analysis with Optimal Entries.
3:16 Upcoming Economic Data....
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EURUSD finds MA technical resistance and support.
It is the President's Holiday in the US, but the EURUSD is still trading. THe price action today did find resistance in the Asian and early European session against the 100 day MA. Later the price could support against the 200 hour MA. So the levels are defined. Now traders need just wait for the break.
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China Returns, the US is on Holiday, and the Dollar Consolidates
Overview: US markets are closed for President's Day,
while China's markets re-opened from the long Lunar New Year holiday. Mainland
stocks advanced, while the yuan slipped slightly. The US dollar is mostly
softer but in narrow ranges. The Antipodeans and yen lead, while the Swiss
franc the only G10 currency that is slightly softer. Most emerging market
currencies are lower, led by about a 0.5% loss of the South African rand. The
Mexican peso's and...
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Gold Technical Analysis
#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.
0:36 Technical Analysis with Optimal Entries.
1:52 Upcoming Economic Data....
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NZDUSD: A technical look at the NZDUSD as we head into the new week starting February 19,2024
In this videao, Greg Michalowski of Forexlive, takes a technical look at the NZDUSD. In it he outlines the bias, the risks, the targets,and what will turn that view around.
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Week Ahead: China Returns and Flash PMI Featured after US Rate Adjustment was Extended
The US January CPI and PPI came in stronger than expected and this extended the recovery in US interest rates. In turn that helped underpin the dollar. We do not think the data itself changes the Fed's stance. At least seven Fed officials speaking in the coming days will test this hypothesis. There are still several key reports before the data dependent FOMC meets again in about four weeks.
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