Get insights into the EURUSD, USDJPY, and GBPUSD charts to kickstart your trading year and identify key levels for support and resistance. |
Tags: Featured,newsletter
Home › Videos › 4) FX Trends › 4.) Forex Live › EURUSD, USDJPY, and GBPUSD: Technical Analysis and Trading Targets to kickstart the US day
Published on January 2, 2024
Get insights into the EURUSD, USDJPY, and GBPUSD charts to kickstart your trading year and identify key levels for support and resistance. |
2024-01-02
The sellers in the EURUSD today, took the price back to the midpoint of the range since the 2020 high at 1.0942 (the low reached 1.0940). The buyers leaned against that level and bounced the price modestly to 1.0967. Since then the price is trading up and down withing the 27 pips range.
Given the sharp move lower today, and modest correction, I am inclined to keep the short term tilt to the downside. However, the price needs to get and stay below the 1.0942 level and then the 50% of the move up from the December 2023 low. That level comes in at 1.0931. Near that level is a number of swing lows and highs going back to mid-December.
For a full technical look at the EURUSD pair, watch the quick look videa.
Permanent link to this article: https://snbchf.com/video/eurusd-usdjpy-gbpusd-technical-analysis-trading-targets-kickstart/
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
7 May 2024
6 May 2024
6 May 2024
© 2024 snbchf.com.
Powered by WordPress and the Graphene Theme.
5 pings