USDJPY Technical Analysis – The buyers remain in control
2024-05-10
#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.
1:01 Technical Analysis with Optimal Entries.
1:55 Upcoming Economic Data.
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AUDUSD continues its move lower into retracement support, but below key 100D MA.
2024-05-08
The battle lines are drawn by traders with the 100 day MA above and the broken 38.2% retracement below
The AUDUSD is higher on the day but a ceiling area continues to stall the rallies
2024-05-06
The 50% of the move down from December high is close support at 0.6615 area for the AUDUSD
USDCAD bounces back higher after sellers had their shot and missed after the softer jobs.
2024-05-03
The good news for USDCAD traders is the support held. Resistance is holding. The 50% midpoint sits between the extremes to act as a rudder for buyers and sellers technically in the USDCAD.
USDCAD finds willing sellers versus the high from last week and backs off.
2024-03-05
Although there are willing sellers against the eye from last week, the price remains above its 100-day moving average and 50% midpoint of the move down from the November 2023 high. Buyers and sellers battle it out.
USDJPY continues its push against the 2024 high at 150.87. Can the ceiling be broken?
2024-02-28
The USDJPY based at the 100-hour MA earlier today. Gave the buyers the go-ahead to push back to the upside technically.
USDCAD ceiling is well defined. Support is near 200 bar MAs. What next?
2024-02-27
The USDCAD- like other pairs – is trading up and down and awaits the next shove.
USDCHF stays above a cluster of support defined by 50%, 100 day and 100 bar MA on 4-hour
2024-02-26
If the USDCHF can stay above the cluster of support, it keeps the buyers in firm control.