Category Archive: 4) FX Trends
EURUSD waffles up and down after retest of the 200 day MA
After successfully testing the crucial 200-day moving average at 1.0846, the EURUSD buyers aim for higher ground in their quest for an upside breakout.
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The AUDUSD is waging a battle between support and resistance targets. What next?
A swing level and the 100-day MA is support. The 50% and the 200-day MA is resistance above.
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The USDCAD bounces off support at the 200 day MA today keeping the buyers in control
Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.
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Kickstart your FX trading for Jan 18 with a technical look at the EURUSD, USDJPY and GBPUSD
The dollar strengthens as jobless claims beat expectations, impacting EURUSD and GBPUSD. Buyers and sellers look to the key barometer of moving averages. GBPUSD remains range-bound within mid-December levels.
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Dollar Rally Pauses, but Fuel from Interest Rate Adjustment may not be Complete
Overview: This week's dollar surge is consolidating
today. Interest rates have steadied, but the adjustment, which involves pushing
the first rate from March toward June does not appear complete. This suggests
the dollar's recovery from last November-December's sell-off may not be
complete either. Today, though, it is a little firmer against all the G10
currencies but the Swiss franc. Most emerging market currencies are also
trading with a slightly...
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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.
0:41 Technical Analysis with Optimal Entries.
1:57 Upcoming Economic Data....
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AUDUSD keeps the trend going to the downside but reaches a key swing level target. What next?
The 0.65229 level in AUDUSD was near the low today and that was a low back in November and December before running higher.
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EURUSD bounces off the 200 day MA. Buyers and sellers continue to battle
The EURUSD dipped to a new low in the early NY session but did hold the support at the 200 day MA. On the topside, swing area resistance is between 1.08788 and 1.0894.
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Kickstart the FX trading for January 17, 2024.with a look at EURUSD, USDJPY and GBPUSD
What levels are in play for the major currency pairs to start the US trading day on January 17, 2024
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Stronger-than-Expected UK CPI Helps Steady Sterling after Dollar Rally Extended
Overview: The sharp dollar advance is stabilizing after
follow-through gains earlier today. A larger than expected rise in the UK's
December CPI helped sterling recover from the push below $1.26, the lower end
of a one-month trading range. It is the only G10 currency that is firmer
against the dollar ahead of the North American session. ECB's Lagarde pushed
back against the early rate cut speculation and this may have stemmed the
euro's losses. The...
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Crude Oil Technical Analysis
#crudeoil #futures #technicalanalysis
In this video you will learn about the latest fundamental developments for 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.
0:44 Technical Analysis with Optimal Entries.
1:51 Upcoming Economic Data....
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Heading into the new trading day, the GBPUSD is trying to hold above a key floor.
The GBPUSD is facing intense selling pressure, with the price breaking below key support levels. Traders are closely watching the crucial 1.2602-1.26137 floor, which will determine the direction of the pair in the upcoming trading session.
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USDJPY moves to new session highs and in doing so, moves closer to a key technical target
USDJPY gains momentum as it approaches the 100-day moving average and 61.8% retracement, setting sights on resistance at 147.45. Traders anticipate potential correction after recent upward movement.
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Greenback Surges as Rates Back Up
Overview: The US dollar is bid across the board and posting its best session of the month. It is up between about 0.5% (Canadian dollar) to almost 1.0% (Australian dollar) among the G10 currencies. Among the emerging market currencies, only the Russian ruble is holding its own.
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USDJPY Technical Analysis
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for USDJPY. 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.
2:24 Technical Analysis with Optimal Entries.
3:50 Upcoming Economic Data....
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What levels are in play for the major currency pairs to start the new trading week?
EURUSD and GBPUSD trade between 100/200 hour MAs, while USDJPY faces resistance near midpoint of downward move. Technical analysis for the week ahead as Martin Luther King Day ends.
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