The price of AUDUSD fell below trend line support and ran lower but the NY session is seeing a snapback rally. |
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2024-02-26
#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.
2:04 Upcoming Economic Data.
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#trading #futures #commodities
2024-02-24
Hello, Traders! 📈 Itai Levitan here from ForexLive.com, bringing you a quick and insightful NASDAQ technical analysis as we await the market’s opening this Monday. For those familiar with my approach, you know I like to keep things simple and straight to the point. 🎯
In my latest video, I dive into the recent price movements, highlighting the ascending wedge and its implications as both a trading range and a signal for potential shifts. We observed a notable breakdown and retest, including a deep retest where prices attempted to re-enter the previously established range, only to face resistance at the all-time high of 18,121.5, followed by a swift drop. 📉
Despite these movements, the market ended the week on a note that demands attention. As long as prices remain below the critical
2023-11-30
After testing a key swing area, NZDUSD bounces back and aims for higher levels. The recent hawkish stance of RBNZ and a retreat from the 61.8% retracement level contribute to bullish sentiment.
2023-11-29
The USDJPY fell below the 100-day moving average for the first time since April 2023, reaching 146.66. Buyers returned as the price rose above the moving average, but breaking the 148.000 level is essential for a bullish trend.
2023-11-29
In this week’s Market Outlook with Exness, we are diving into Alibaba Group Holding Ltd’s stock, aka BABA stock. You’re in the right spot for key trading insights! 📈 We delve deep into the Alibaba stock chart, examining the significant 25% value drop since July. Is there a glimmer of hope on the horizon for BABA stock?
We’ll explore if the overall trend for Chinese shares could signal a recovery for BABA. 📊 Plus, we’ll assess the current demand outlook – is it truly neutral rather than negative?
Stay tuned as we closely monitor BABA’s potential bounce back and discuss how the upcoming NBS and Caixin PMI data could impact Alibaba’s future stock price.
2023-11-28
Here’s a quick technical analysis on the EURUSD pair with some fundamental background.
For more visit ForexLive.com
2023-11-22
USD is moving higher in early US trading
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