| The selling continues in the NZDUSD on risk-off flows |
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A technical look at the EURUSD, USDJPY and GBPUSD for April 12, 2024
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The USD is higher vs the EU and GBP, but lower vs the JPY today. What next?
The US broader indices are lower with both the S&P and Nasdaq below MA levels.
2024-04-10
What will keep the seller in control in the short term, and what are the next targets that give sellers more control?
USDCHF breaks below a key floor and that opens the downside for the sellers
2024-01-31
USD moves lower ahead of the US FOMC rate decision
AUDUSD range gets more confined. That has traders anticipating a move outside the range.
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What is the roadmap for the AUDUSD on a break?
SPX technical analysis 4895.16, expecting pullback before more up on GOOG MSFT earnings
2024-01-29
In this technical analysis video, I provide an analysis of the S&P 500 Index (SPX) at Forex Live. I identify a purple channel that has not yet been confirmed but has two touch points so far. I believe that we will create another touch point around 5,000 later on.
For swing traders, I am looking at a pullback from the purple line from this low, which is about 4,845. I think that we could then possibly go up to 5,000. For patient traders who want to wait for a deeper pullback to get to the lower standard deviation of this anchored V up, I am looking at a possible trade with a 4 to 1 reward-to-risk ratio.
The stop is 1% below the entry price. The take profit would be 4% above the entry price, just below 5,000.
This trade is also based on my bias that Google and Microsoft, which are
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