| The three key resistance levels for the EURUSD come in from 1.16398 up to 1.1644. Staying below is more bearish. |
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In this video, I take a look at the technical driving the 3 major currency pairs to kickstart the new trading day – the EURUSD, USDJPY and GBPUSD. What are the technicals telling traders about the bias, risk and targets.
AUDUSD Technicals: The AUDUSD trades to new highs and extends above MA targets
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The AUDUSD break above the 100 and 200 bar MA on the 4-hor chart (above 0.6498) tilts the bias to the upside.
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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The topside in the USDCHF stalled the rally at a key swing area between 0.8071 to 0.8076. Close support now at 0.80396
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Sellers entered against resistance levels and pushed back to the downside in both the EURUSD and the GBPUSD.
EURUSD Technicals: The EURUSD is running back higher and is back testing the 200 hour MA
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The EURUSD is testing the 200 hour MA at 1.17217. Key level for both buyers and sellers.
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
The USD is mixed vs. the 3 major currency pairs ahead of the US PPI and claims data.
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For the USDJPY it fell sharply after breaking a confluence of technical levels. The EURUSD bounced off its own confluence of support, while the GBPUSD is little changed and awaits the next shove.
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
investingLive
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InvestingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
GBPUSD technicals: GBPUSD has run higher this week but stalling ahead of 50% retracement
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The 50% midpoint comes in at 1.3463. The high for the day and the week reached 1.3458
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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