| Buyers today push the price toward moving average levels on the 4 hour chart near 158.00 |
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The USDCHF made a break to the lowest level since January 2015 this week. That’s important
2023-07-14
The USDCHF fell sharply this week. The fall took the price below 0.87568 the lowest level in over 8 years. What next going into the new trading week for the pair?
Killing two birds with one stone: A technical early week look at the EURUSD and USDJPY
2023-07-10
In this video, we conduct a technical analysis of both EURUSD and USDJPY pairs, providing an early-week overview of their price action.
Both pairs have experienced up-and-down movements as the trading week commenced.
Join us as we examine key technical levels, support and resistance areas, and chart patterns that have influenced the price action of EURUSD and USDJPY.
USDCHF remains in an up and down trading range but with a bearish bias. Here is why.
2023-07-07
A technical look at the USDCHF as it plods along within a 116 pip trading range.
Find out the technicals that are driving traders and this currency pair.
USDJPY bounces higher after much stronger ADP jobs. Yields surge.
2023-07-06
Join us as we discuss the recent price action of USDJPY, which experienced a bounce higher following the release of much stronger ADP jobs data and a surge in yields. The pair has entered a neutral area, trading between the 100-hour and 200-hour moving averages.
In this video, we analyze the implications of the positive economic data and rising yields on the USDJPY, exploring potential trading opportunities within this neutral zone.
GBPJPY Technical Analysis
2023-07-05
Here’s a quick technical analysis on the GBPJPY with some fundamental background.
For more visit ForexLive.com
GBPUSD moves back above technical levels as USD falls. Back above key swing area.
2023-06-30
Tests 200-hour MA at 1.27099
US CPI sends the USD lower. What next for some of the major currency pairs
2023-04-12
The USD moved lower after the US CPI data. The CPI showed a headline increase of 0.1% for the headline and 0.4% for the core. The Shelter costs continue to elevate the core measure (accounts for 1/3 of CPI data). It increased by 0.6%. Traders and analysts continue to look for lower shelter costs to start to kick in.
Nevertheless, the numbers has lowered yields and pushed up stock prices. The USD has moved lower.
In this video, I take a technical look at the EURUSD, USDJPY and GBPUSD.
Below are the start times for the analysis.
– CPI details to 2:28
– EURUSD. 2:28
–USDJPY 4:24
– GBPUSD 6:29
VIDEO: Initial claims data readjustments from seasonals influencing the major currencies
2023-04-06
The US initial jobless claims seasonal adjustments mainly due to volatility of covid data (still living that nightmare), sent that series to the upside and change the trend of jobs since mid-January from strong to getting weaker.
There markets reacted to that data.
In this video I explain the early moves in yields and then in some of the major currency pairs including the EURUSD, USDJPY and the GBPUSD.
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