| In this ForexLive video, we take a close look at the first price change of GBPUSD as the trade week starts. The pair has gone down and is close to a big swing area and the 100-hour moving average. We talk about how important these levels are and how they could affect how the price of the pair changes. We also talk about how GBPUSD got into trouble at the June high on Friday, which caused a drop in today's trading session. |
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USDCAD buyers trying to push higher but fail at topside resistance target
2023-06-29
The USDCAD moved above the 200-hour MA yesterday but stalled in a swing area target between 1.3271 to 1.32853.
Today, the buyers pushed against that target again on two separate occasions and stalled on both tries. That helps to neutralize the buyer’s bias. What next for the pair?
USDCAD finally breaks above the 200 hour moving average.
2023-06-28
USDCAD’s first break above the 200-hour MA since early June
EURUSD moves to new session high continuing the run to the upside
2023-06-27
Join us as we witness the continued upward surge of EURUSD, with the price reaching new session highs. In this video, we will delve into the key factors driving this upward momentum, focusing on the price’s progression towards a crucial swing area between 1.09618 and 1.09728, which aligns with recent highs.
Gain valuable insights into the technical indicators and chart patterns supporting this bullish move and explore the potential implications for future price action.
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USDCAD Technical Analysis
2023-06-23
Here’s a quick technical analysis on USDCAD with some fundamental background.
For more visit ForexLive.com
NZDUSD has an up and down trading day with sellers taking more control below 100/200H MAs
2023-06-22
100 and 200 hour MAs at 0.6192 and 0.61847
NZDUSD buyers try to take more control, but has work to do
2023-06-21
Witness the determined efforts of buyers in the NZDUSD pair as they attempt to establish control, yet challenges lie ahead. The recent lows have encountered resistance just before reaching the 200-day moving average (MA). Explore the significance of this technical barrier and its implications for the currency pair’s future movements. Stay updated on the latest developments and gain valuable insights for your trading decisions by watching this informative video.
The USDCAD sellers had their shot below key swing area support. They missed.
2023-06-20
Discover the recent rebound of the USDCAD as it rises above a significant swing area between 1.3207 and 1.32299. Learn about the implications of this price action and how it could impact the future movements of the currency pair. Stay informed about potential trading opportunities in the forex market by watching this video.
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