The price is back above the 200-hour MA at $168.58. Stay above keeps the buyers in firm control |
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2024-12-30
Market is still bearish and here are key levels I am looking at where market makers would want to stop out traders.
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Stocks lower. Yields higher again. What does the USD do?
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The Canadian dollar is threatening to worst levels since May 2020 in what would be a major range breakout. Aside from brief periods during covid and the oil price collapse in 2016 (both less than a month long), this would be the lowest level since 2003. I expect this period of weakness to be longer lasting as the three legs of the Canadian economy – housing, immigration and resources extraction – are all impaired.
Adam Buitton, chief currency analyst at ForexLive, speaks with BNNBloomberg about why the loonie is headed to 1.45.
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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.
2024-10-24
What technical levels are in play for the 3 major currency pairs.
2024-08-29
#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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#trading #futures #commodities
2024-08-28
The close support comes in at 0.6760. The key resistance is at 0.6800
2024-08-27
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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