The 38.2% retracement of the move down from the December high comes in at 1.0864. Stay above is more bullish |
You Might Also Like
2024-03-06
The most important to watch is Nasdaq futures but it there is no correction there yet, NVDA is eyeing 1000 round number and a bit higher, IMO, as shown in the NVDA technical analysis video. Go to www.ForexLive.com for additional views.
2024-03-01
#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.
———————————————————————-
Topics covered in the video:
0:00 Fundamental Outlook.
1:11 Technical Analysis with Optimal Entries.
2:24 Upcoming Economic Data.
———————————————————————-
Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive
#trading #daytrading #fundamentalanalysis
2024-02-28
The NZDUSD races lower after the more dovish rate decision by the RBNZ. In the US session, the price has breached the 100-day moving average of 0.60917 in the 200 day moving average looms below at 0.60757.
2023-12-07
In today’s Market Outlook with Exness, we explore the potential future movements of the EURUSD pair. With recent trends suggesting a further downturn, we examine the EURUSD chart to bring you a comprehensive EURUSD forecast. Will the EURUSD analysis confirm the bearish sentiments or surprise us with a reversal?
As market anticipation builds ahead of the Fed’s rate decision, which has shifted from expectations of a June rate cut to March next year, we consider the implications on EURUSD trading. With the looming US jobs report set to affect the EURUSD pair, could we see an exacerbation of the EURUSD down trend? Tune in for our detailed breakdown and expert insights to navigate the volatility ahead.
2023-12-06
Https://www.forexlive.com/technical-analysis/the-ultimate-bitcoin-price-forecast-revealed-watch-the-video-20231206/
Welcome to the ForexLive.com deep dive into Bitcoin’s current market trends and future key price points! This video is a must-watch for anyone interested in understandingwhere Bitcoin’s price may well be going next. Here’s what we cover:
🔍 Key Technical Indicators Explained:
Value Area High (VAH) Analysis:
Discover the significance of the VAH at $47,2186, represented by a upper blue dotted line in the video.
Understand how this level aligns with the Volume Weighted Average Price (VWAP) and its first upper standard deviation band, providing a pivotal market insight.
VWAP and Standard Deviation Bands:
Learn about the upward crossover of the current weekly bar in relation
2023-12-05
Get the latest technical analysis and insights on the major currency pairs EURUSD, GBPUSD, and USDJPY. Find out the key levels to watch and potential trading opportunities for both buyers and sellers.
2023-12-04
Gold experienced a volatile trading day, hitting an all-time high of $2146.79 before sharply falling. Despite being below previous swing highs, buyers remain active. The market is now more neutral.
Tags: Featured,newsletter