The technical look at 3 of the major currency pairs for November 16 |

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2023-11-06
AUDUSD trades above and below 0.6500 after testing cluster of resistance between 0.6500 to 0.6521

2023-11-01
Kickstart your FX trading for November 2, 2023 with technical look at EURUSD, USDJPY and GBPUSD

2023-08-03
Be aware. Be prepared for the new trading day

2023-08-03
The EURUSDs 100 day MA was briefly broken but could not sustain momentum. Remains a key barometer for both buyers and sellers.

2023-08-02
An updated look at the three currency pairs including the EURUSD, USDJPY and GBPUSD.

2023-08-01
The AUDUSD experienced a sharp decline today after the RBA’s decision to keep rates unchanged. As a result, the currency pair is currently testing the swing lows observed in both June and July. A breach below these levels would be significant, as it could lead to testing another crucial swing area on the daily chart.
In this video, we closely monitor the AUDUSD’s price action and discuss the implications of the RBA’s decision and its impact on the pair’s movements. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market.

2023-07-28
The Bank of Japan met and eased their yield curve control on the 10 year effectively expanding their tolerance by a further 50 basis points to 1.0%. That news – and the other news this week – has the pair moving back toward a neutral level after up-and-down-volatility. The pair is trading near the 38.2% of the range since the end of June high at 140.224 and the 100 and 200-hour MAs at 140.517 and 140.25 respectively.

2023-07-27
Join us in this ForexLive video as we analyze the recent price action of the EURUSD currency pair. The pair experienced a downward movement as a result of robust US economic data and ECB President Lagarde’s remarks about the deteriorating near-term outlook.
We’ll discuss the implications of these factors on the EURUSD and explore potential scenarios for the pair in light of the changing market sentiment. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market.
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