Category Archive: 4) FX Trends
SPX technical analysis 4895.16, expecting pullback before more up on GOOG MSFT earnings
In this technical analysis video, I provide an analysis of the S&P 500 Index (SPX) at Forex Live. I identify a purple channel that has not yet been confirmed but has two touch points so far. I believe that we will create another touch point around 5,000 later on.
For swing traders, I am looking at a pullback from the purple line from this low, which is about 4,845. I think that we could then possibly go up to 5,000. For patient traders who...
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Oil Retraces Initial Surge, Euro Slips to Marginal New Low, while Sterling Hugs $1.27
Overview: Key developments today include the Hong
Kong court ordered liquidation of China's Evergrande and the reversal of oil
prices after a sharp rally initially in Asia after separate attack in the
Middle East that killed US troops in Jordan and struck a Russian oil tank in
the Red Sea. March WTI, which settled near $78 ahead of the weekend, its best
level since the end of last November, rallied to about $79.30 before returning
to almost $77.50...
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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.
0:39 Technical Analysis with Optimal Entries.
1:56 Upcoming Economic Data....
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February 2023 Monthly
The coming weeks will
likely continue the correction of the trends that began last month. The markets
recognize that tightening cycle is over. However, they swung hard, pricing in
aggressive easing by most of the G10 central banks, including the Federal
Reserve and the European Central Bank. Official comments and some
high-frequency economic data have encouraged participants to rein in their
expectations, reducing the odds of a rate cuts in Q1 and...
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USD Looks Oversold on Intraday Basis Ahead of a Possible Risk-Off North American Session
Overview: The US dollar is trading lower against most
currencies, but the intraday momentum indicators are stretched, suggesting the
selling pressure may not be sustained through in North America today. December
US personal income and consumption data was contained in yesterday's Q4 23 GDP
data, but the market want to see the monthly print, which is expected to see
the core measure ease with the headline rate flat. Tokyo's January CPI was much...
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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.
2:04 Technical Analysis with Optimal Entries.
3:32 Upcoming Economic Data....
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AUDUSD stuck in a narrow trading range for the week as trader await the next shove.
The AUDUSD is in about a 70-pips trading range for the week. That is not a lot of movement
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USDCAD corrects lower today but does find support buyers at the 200 day MA. What next?
The 200-day MA comes in at 1.3483. Watching 1.3517 as next target followed by the high from last week at 1.3541.
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USDCHF buyers try to take more control. 100 hour MA and 38.2% the next key targets.
If the 100-hour MA at 0.8672 and the 38.2% of the move down from the October 2023 high at 08680 can be broken, the buyers can take more control
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Attention turns to Lagarde’s Press Conference and US Q4 GDP
Overview: The US dollar is trading mostly quietly in narrow ranges
against the G10 currencies ahead of the ECB's President Lagarde's press
conference at the conclusion of the policy meeting and the first estimate of Q4
US GDP. With elevated price pressures, Norway's central bank left rates steady
and reiterated its signal that rates will remain high for some time, and this
has lifted the krone by about 0.5% to leader the major currencies. Most of...
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Is TSLA stock a buy… I bet it is within this extreme dip buying plan
For the patient Tesla stock investor. HUGE 12 TO 1 REWARD VS RISK potential, at your own risk.
www.ForexLive.com
Follow possible comments on
https://www.forexlive.com/technical-analysis/is-tsla-stock-a-buy-i-bet-it-is-within-this-extreme-dip-buying-plan-20240125/
Trade at your own risk and good luck, investors and traders.
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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.
0:30 Technical Analysis with Optimal Entries.
1:53 Upcoming Economic Data....
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A technical look at the 3 commodity currencies including the USDCAD, AUDUSD and NZDUDS
In this video, I take a look at the technicals that are driving the 3-major commodity currencies including the USDCAD, AUDUSD and the NZDUSD. What are the technicals that are in play and why they are important to traders
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The BOC rate decision looms ahead. What are the technicals saying ahead of that decision?
The bias is tilted to the downside now, with work to do. What would tilt the bias even lower or turn the bias around?
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IBM gets in play | Market Outlook with Exness
All eyes on PCE index publication on Friday!
IBM stock had broken through the long-term trading range, which might potentially trigger extension of a bullish trend.
After implementing AI and cloud computing technology, IBM gets on the radar of traders and hedge-fund managers again. Strong EPS and revenue expectations give more support for the stock. The overall market conditions of a stock market are bullish, as S&P500 and Nasdaq are at their...
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