What technical levels are in play and why for the 3 major currency pairs to start the new trading week |
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Buyers are making a play in the short term in the USDCHF
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Technical support defined by the 38.2% retracement, 100 day moving average and 200 bar moving average on the 4-hour chart come between 0.6642 and 0.6650
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If the USDCHF can stay above the 200-hour MA at 0.8470 and the 100-hour MA at 0.8464 it keeps the bias more to the upside at least in the short term with work to do.
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A technical look at the three major currency pairs to start the joint third trading day
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#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.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:00 Technical Analysis with Optimal Entries.
2:28 Upcoming Economic Data.
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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 #futures #commodities
2024-06-26
#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.
0:41 Technical Analysis with Optimal Entries.
2:09 Upcoming Economic Data.
———————————————————————-
Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive
#trading #daytrading #fundamentalanalysis
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