Gold Technical Analysis – The bulls held the line

2024-11-28

Adam Button from ForexLive speaks with BNNBloomberg.
This week the Canadian dollar fell to the lowest level since May 2020. Excluding the pandemic and a brief rout in 2016, it’s the lowest in 21 years.
Now, it’s not entirely fair to say the loonie is struggling in a global context. It’s right in the middle of the five-year range against the euro, slightly below the five-year average against the pound and near a 15-year high against the Japanese yen.
Still, it’s weakened lately and there is one main domestic driver:
• Interest rates are working as intended, slowing the economy. If anything, the weakness is falling too hard on real estate and that’s elevating risks around housing, with Toronto condos looking particularly ripe for a rout. The spring housing market is likely to set the tone

2024-11-26

#usdjpy #forex #technicalanalysis

In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.

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Topics covered in the video:

0:00 Fundamental Outlook.
1:02 Technical Analysis with Optimal Entries.
2:20 Upcoming Catalysts

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Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive

#trading #daytrading #fundamentalanalysis

2024-09-30

The resistance is near the 200-hour MA at 1.35176. The support is need a swing level at 1.3486.

2024-09-27

A technical look at the AUDUSD, NZDUSD and USDCAD for September 27.

2024-09-26

#gold #xauusd #technicalanalysis

In this video you will learn about the latest fundamental developments for Gold. 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.
0:39 Technical Analysis with Optimal Entries.
1:40 Upcoming Catalysts.

———————————————————————-

Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive

#trading #futures #commodities

2024-07-29

Unlock the secrets to professional trading success with Adam Button, Chief Currency Analyst at ForexLive, in his presentation "Becoming a Pro Trader."

With over 15 years of experience, Adam shares invaluable insights and strategies to boost your profitability. Discover the five magic words that can transform your trading approach, hear expert advice from legendary investor Jim Rogers, and learn how doing your homework can give you a competitive edge. Dive into real-world examples of conviction trades, master the psychological aspects of trading, and gain insights into the latest market trends and predictions. Whether you’re experienced or just starting, this session will equip you with the tools and knowledge to navigate the markets successfully. Don’t miss out on this opportunity to

2024-07-26

In the video, I take a technical look at the levels in play for the EURUSD as the new trading starting July 29 begins.

2024-07-25

There is key upside resistance that is stalling the bounce too. So buyers and sellers are battling.