Category Archive: 4) FX Trends
GBPUSD: The technical levels for the GBPUSD for the week starting February 19,2024
What technical levels are in play for the GBPUSD as we head into the new trading week starting Feb 19, 2024
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USDJPY: The technical levels for the USDJPY for the week starting February 19, 2024
The USDJPY has a swatch of support between 149.70 to 150.158. That area will be the barometer for buyers and sellers to start the new trading week starting February 19, 2024..
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EURUSD: A technical view of the EURUSD for the week starting February 18
The EURUSD is ending the week near key MAs. Those MAs will be the key barometer for both buyers and sellers going into the new trading week.
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AUDUSD: What are the AUDUSD technicals telling us today and into the new trading week?
The AUDUSD had an down-and-up trading week. What levels are in play now and going forward?
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The USDCAD moved higher but comes off intraday highs to retest the 200 day MA
The USDCAD 200-day MA is at 1.3479. Can the buyers hold the fall against that level and restart the upside?
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USDCHF holds support. Buyers are looking good with the 200 day MA looming to the topside.
The 50% retracement held support on the dip and price moved back above the 100 day MA. The 200 day MA is the next target at 0.88456.
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The USD has moved higher after stronger PPI. What next for the EURUSD, USDJPY and GBPUSD?
Kickstart your FX trading for February 16, 2024 in the EURUSD, USDJPY and GBPUSD..In this video, I will take a look at the EURUSD, USDJPY and GBPUSD from a technical perspective. What is the bias for each? What are the risk levels and the targets? Those are the 3 most important things that all traders should understand and have a proxy for their trading. Otherwise risk is unlimited and trading is done without a rudder - two things that will lead...
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Quiet End to a Busy Week
Overview: The US dollar is winding down this week on
a quiet note. Most of the G10 currencies are trading within yesterday's ranges.
On the week, only the Scandis are set to close with gains, though with a little
effort, the Australian dollar could too. The Japanese yen and Swiss franc are
the laggards off 0.65%-0.75% this week. Most emerging market currencies outside of
central Europe are firmer. The South African rand is the strongest this...
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USDJPY Technical Analysis
#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.
1:46 Technical Analysis with Optimal Entries.
3:13 Upcoming Economic Data....
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AUDUSD moves higher and tests swing level and 100 day MA targets. Stalls. What next?
The swing level comes in at 0.6523. The 100-day MA comes in at 0.6535. The price stalls against the level.
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USDCHF gives back CPI gains as focus shifts to the weaker data today and lower yields
The USDCHF is moving lower and in the process, is retracing the gains from Tuesday after the stronger than expected CPI. Today, the retail sales came out weaker than expectations . Yields are lower with the 10 year down -6.2 basis points which is also helping the downside bias in trading today.
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Divergence Highlighted by Back-to-Back Quarterly Contractions in Japan and the UK but Little FX Reaction
Overview: There has been a string of disappointing economic news today. Japan's economy surprisingly contracted in Q4 23 and the Q3 contraction was a little deeper than initially estimates. Australia's jobs growth was weaker than expected and unemployment rose to 4.1%, matching the highest since November 2021.
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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.
0:32 Technical Analysis with Optimal Entries.
1:56 Upcoming Economic Data....
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The AUDUSD is rebounding today after bouncing of key support target near 0.6445. What next?
The low price in the AUDUSDs fall stalled near a key target at 0.6445. Approaches resistance at 0.6500 now.
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