| WIth US stocks sharply lower, risk-off flows are weakening the AUDUSD. Technically, the 38.2% retracement and falling 100 day MA helped to stall the rally at the highs today. |
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USDCAD moves higher into resistance and lower into support. The key levels remain in play.
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With resistance and support holding it increases those levels importance as the buyers and sellers continue the battle.
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The USDCAD remains within an up and down range this week, with the bias tilting to upside.
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The 100 and 200 hour MA at 1.38918 to 1.3904 is a bias defining level for next week. On the topside double top at 1.3958. ON the downside move below 1.38337.
EURUSD Technical Analysis – The US Dollar celebrates the Trump’s victory
2024-11-07
#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.
0:39 Technical Analysis with Optimal Entries.
1:55 Upcoming Catalysts
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