The price is back above the 200-hour MA at $168.58. Stay above keeps the buyers in firm control |
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The up and down this week in the USDCHF has allowed the 200 hour MA to catch up with the price. That level comes in at 0.8651 and is a close bias defining level for traders now.
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What technical levels are in play for the 3 major currency pairs.
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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.
0:45 Technical Analysis with Optimal Entries.
2:08 Upcoming Catalysts.
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Website: https://www.forexlive.com/
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#trading #futures #commodities
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The close support comes in at 0.6760. The key resistance is at 0.6800
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What key technical levels are in play for the three major currency pairs at the start of trading on August 26, 2024?
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