| Here's a quick technical analysis on the AUDUSD pair with some fundamental background. For more visit ForexLive.com |
You Might Also Like
Nasdaq Composite Technical Analysis
2023-09-26
Here’s a quick technical analysis on the Nasdaq Composite with some fundamental background.
For more visit ForexLive.com
AUDUSD bias shifts to the downside on the move below MAs on 4-hour chart. What next?
2023-09-21
The AUDUSD has been trading in an up and down range over the last 6 or so trading weeks.
USDCHF moves lower after ceiling area stalls the rally this week. Key support approached.
2023-09-20
The USDCHF tests the 200-hour MA at 0.89426 ahead of the FOMC rate decision today. The Federal Reserve is expected to keep rates unchanged. Also in play Is the Swiss National Bank. They are expected to raise rates by 25 basis points tomorrow.
GBPUSD Technical Analysis
2023-09-19
Here’s a quick technical analysis on GBPUSD with some fundamental background.
For more visit ForexLive.com
USDJPY overbought but buyers are still in control
2023-06-29
Trending markets can get overbought and stay overbought. That is the case with the USDJPY. It has been up 6 of the last 7 days (and up strongly in June), and the RSI on the daily is overbought, but trending markets can get overbought and overbought and overbought.
Having said that the pair has a topside channel trend line along that could be a level to lean against. Also the low of a swing area on the daily chart. Both are near the 145.00 area. Watch that area to give traders cause for pause.
USDCHF bounces higher today. Back above 100 hour MA with 200 hour MA looming on topside
2023-06-22
The USDCHF now has the 100 hour MA as support at 0.8955. The 200 hour moving average is resistance above at 0.89848
USDCAD can’t get and stay above the 100 hour MA. The lows from Friday and Monday eyed.
2023-06-21
Explore the ongoing challenges faced by USDCAD as it fails to establish a sustained position above the 100-hour moving average (MA). Keep an eye on the lows from Friday and Monday, which serve as significant levels of interest. Gain insights into the current market dynamics and the prevailing control of sellers in the USDCAD pair. Stay informed and make informed trading decisions by watching this video.
USDCHF tests 200 hour MA and finds seller on the test. What next?
2023-06-20
Explore the correlation between the USDCHF and the USD as it follows an upward trend in today’s trading session. Find out what this relationship means and how it might change how the two currencies move in the future. Stay up to date with the latest market trends by watching this video and gaining valuable insights for your trading decisions.
Tags: Featured,newsletter
