USDCHF is stretching above and away from the 38.2% of the move down from July high
2024-10-16
Staying above the 38.2% at 0.8631 and a swing area down to 0.86078 is keeping the buyers in play and control at least in the short term.
USDCHF makes a break for it above the 38.2% retracement Target hit. Can momentum continue?
2024-10-14
The USDCHF is above the 38.2% at 0.86312. Risk for buyers looking for continuation of the upside is down at 0.86078.
USDCAD is confined in an up-and-down trading range. Traders battle and await a break.
2024-08-13
The 1.3717 is support On the topside get and stay above the 100 hour MA at 1.3735 and then the 50% of the range since July at 1.37669 is the bullish roadmap.
Buyers in the GBPUSD come in against the 100/200 hour MA and bounce the pair higher
2024-06-04
The swing area above and below 1.2800 is the upside resistance target in the GBPUSD now
Macro Conviction: Techniques to Ride the Wave | Sponsored by PU Prime
2024-06-03
Join Adam Button, Chief Currency Analyst at ForexLive, in this webinar, "Macro Conviction: Techniques to Ride the Wave", sponsored by PU Prime and explore the importance of conviction in trading, emphasizing that belief alone isn’t enough.
Adam covers key principles like seeing the world as it is, predicting future trends, and maintaining positions despite challenges. Common trading traps such as fear, greed, and FOMO are discussed, alongside strategies to avoid them. The webinar also examines current market opportunities, including the impacts of AI on inflation, the green transition, and energy consumption misconceptions. Practical examples, like a notable CAD trade, illustrate the concepts and highlight the importance of identifying rare, game-changing opportunities.
AUDUSD falls to a new session low and new low for the week. Sellers make a play.
2024-05-29
Price breaks below the 100 hour and 100 bar MA on the 4-hour chart at 0.6637 area. Staying below is more bearish in the short term.
An updated technical look at the GBPUSD. The technical levels/roadmap is clear to see.
2024-05-28
Do you see the levels in play and know why? I will show you in this video.