What are the technicals saying for the NZDUSD? |
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Can buyers keep the corrective momentum? The swing floor area going back to November 2023 stalled the fall today (between 0.6334 to 0.6363)
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#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.
1:44 Technical Analysis with Optimal Entries.
3:10 Upcoming Catalysts
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2024-10-10
Swing area support and 100 day MA comes in between 0.6685 – 0.6696. Resistance at a swing area starting at 0.67429
2024-10-09
The EURUSD rotates lower and toward key technical support. The GBPUSD bounces ahead of the 50% retracement again. The USDJPY also bounced off a key corrective support target. A special look at the NZDUSD after the RBNZ 50 bp rate cut.
2024-08-09
The 38.2% of the move down from the July high is in play on the topside at 0.86683.
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The run lower in a number of the JPY pairs has run into support and bounced. Is it the first leg of a carry trade liquidation?
2024-08-05
Experience the rollercoaster ride of NZDUSD as it plunges and skyrockets in a single day. What lies ahead?
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