Category Archive: 4) FX Trends
Kickstart your FX trading for October 27 with technical look at EURUSD, USDJPY and GBPUSD
Kickstart your FX trading for October 27 with technical look at EURUSD, USDJPY and GBPUSD
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Is the Market Putting on Risk Ahead of the Weekend?
Overview: The US dollar is trading with a softer
bias. Among the G10- currencies, only the euro and Swiss franc are the laggards
and are nearly flat. In shifting expectations, the market sees the Reserve Bank
of Australia as the most likely to hike rates again, while the swaps market
appears to be bringing forward cuts by the European Central Bank and the Bank
of Canada. The Australian dollar is the strongest G10 currency today and this
week. After...
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USDJPY Technical Analysis
Here's a quick technical analysis on USDJPY with some fundamental background.
For more visit ForexLive.com
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What does the price action in the EURUSD tell us about what’s ahead?
The EURUSD is lower and moved through a technical support level in the process, but also stalled at another floor target. So what does that tell us about what is ahead?
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Two for one: A technical look at the AUDUSD and NZDUSD.
Both the AUDUSD and NZDUSD broke to new lows today, but bounces back to test its 100 hour MAs
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USDCAD continues to follow the technicals higher
The USDCAD has been running higher and respecting its technicals in the process. What next?
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USDCHF breaks higher today but does find willing sellers against target swing area.
The USDCHF is up and down, with swing area above and the 200 hour MA below. Traders trading the technical levels.
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Kickstart your FX trading for October 26 with technical look at EURUSD, USDJPY and GBPUSD
What technicals are driving the 3 major currency pairs to start the North American trading day on October 26, 2023?
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Tensions Run High Ahead of ECB Meeting and US Q3 GDP as JPY150 Breached
Overview: The market is on edge. Anxiety is running higher. It is
partly geopolitics, and it is partly market stresses. The dollar is holding
above JPY150 but so far, no reports or signs of intervention. Bank shares are
under pressure. An index of Japanese banks has fallen for five of the past six
sessions and are off about 8% from the year's high set last month. An index of
European bank shares has fallen in six of the past seven sessions and...
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S&P 500 Technical Analysis
Here's a quick technical analysis on the S&P 500 with some fundamental background.
For more visit ForexLive.com
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BOC rate decision, and the USDCAD is higher. What would keep that momentum going or not?
The USDCAD is higher ahead of the BOC rate decision and approaches the October high at 1.3783. Can the momentum continue?
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Kickstart your FX trading for October 25 with technical look at EURUSD, USDJPY and GBPUSD
What technicals are driving the 3 major currency pairs to start the North American trading day on October 25, 2023?
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Divergence Continues to Underpin the Greenback
Overview: The divergence reflected in the flash PMI
readings seen yesterday underpinned the dollar, which is firmer in mostly quiet
turnover. The initial Australian dollar gains scored in response to the
slightly less decline in Q3 CPI have been unwound. The greenback also remains
within striking distance of JPY150 where there are still some large options and
some apprehension over possible BOJ intervention. Hungary's larger than expected
rate cut...
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USDJPY Technical Analysis
Here's a quick technical analysis on the USDJPY pair with some fundamental background.
For more visit ForexLive.com
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Both the EURUSD and GBPUSD retrace much of the gains from yesterday
Lower yes, but the sellers in the EURUSD and GBPUSD have reached some key support targets
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