What are the technicals in the EURUSD, USDJPY and GBPUSD saying after the as expected US PCE data. |
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The EURUSD is approaching its 100-bar moving average on 4-hour chart at 1.07908
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Get the US session started with a technical look at the EURUSD, USDJPY and GBPUSD.
2024-02-26
Always trade at your own risk and visit ForexLive.com for additional views.
2024-02-24
Hello, Traders! 📈 Itai Levitan here from ForexLive.com, bringing you a quick and insightful NASDAQ technical analysis as we await the market’s opening this Monday. For those familiar with my approach, you know I like to keep things simple and straight to the point. 🎯
In my latest video, I dive into the recent price movements, highlighting the ascending wedge and its implications as both a trading range and a signal for potential shifts. We observed a notable breakdown and retest, including a deep retest where prices attempted to re-enter the previously established range, only to face resistance at the all-time high of 18,121.5, followed by a swift drop. 📉
Despite these movements, the market ended the week on a note that demands attention. As long as prices remain below the critical
2023-11-30
Some technical breaks in the 3 major currency pairs are tilting the short-term bias in favor of the US dollar
2023-11-29
Here’s a quick technical analysis on WTI Crude Oil with some fundamental background.
For more visit ForexLive.com
2023-11-28
The low to high trading range in the EURUSD and the GBPUSD are very narrow today. There is room to roam.
2023-11-28
In this week’s Market Outlook with Exness, we see that platinum is poised for a potential breakout from its downward trend in the coming days, following a solid short-term rebound that countered its previous decline.
Current market dynamics for metals, platinum included, are heavily influenced by the Fed’s less aggressive stance in light of the USA’s easing inflation. However, this positive sentiment is somewhat tempered by reduced demand from China, attributable to its tepid economic climate.
Traders are keenly awaiting the release of the FOMC’s minutes on Tuesday night GMT, a pivotal moment that could significantly impact market movements.
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