| Join me in this video as we discuss the current market sentiment, which appears to be bearish, and my bullish outlook. We'll be keeping an eye on the key levels to watch for the S&P 500, with a focus on the level at 3925, which will indicate a trend reversal if 2 consecutive daily candles close below it. However, as long as we stay above the point of control (PoC), I'm still bullish and targeting 4150 by the end of the month. |
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The USD is marginally lower in trading today as the trading week works toward the close.
In this report, I outline the technicals that are driving 3 of the major currency pairs – the EURUSD, USDJPY and GBPUSD. Each are trading around some key moving average levels which should help to dictate the trading bias for the currency pairs.
Be aware. Be prepared.
S&P 500 futures technical analysis, bearish close to last day of Feb 2023
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N this video, we analyze the recent price action of the S&P 500, particularly the rejection at the key resistance level of 4000. We discuss the potential scenarios for the index moving forward and highlight important technical levels to watch.
The EURUSD has topside resistance ag. the 200 hour MA. The GBPUSD has 200H support
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In this video, we take a technical look at four major currency pairs – EURUSD, GBPUSD, USDJPY and USDCAD. We analyze the key levels, support and resistance areas, and the overall market sentiment for each pair.
The EURUSD is facing selling pressure at its 200 hour MA, while the GBPUSD is holding up against its 200 hour MA after a recent move higher. The USDJPY maintains its bullish bias despite a dip below a swing area. The USDCAD has broken above its 100 day MA and found support buyers at the key level.
Trade with caution and visit ForexLive.com for more analysis.
Tesla stock technical analysis A contrarian buy of TSLA!
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This is in relation to a head and shoulders possibly being complete for TSLA stock as shown here https://www.forexlive.com/Education/the-head-and-shoulders-pattern-20221209/
So it’s time to scale in a buy. Scaling in means not to go all in on the buy and keep ammunition for possibly lower prices. To enter at 10% to 20% of the Long position.
FOREX QUICK: GBPUSD rotates back toward 4-hour MA support
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The run to the upside in the GBPUSD is running out of steam and rotates back toward MA support.
The GBPUSD ran higher in NY trading but is seeing a rotation back toward the broken 4-hour 100 bar MA level. Can the pair stay above that and keep the buyers in more control?
FOREX QUICK: USDCHF closes with more of a bullish bias. Can the buyers keep the momentum going?
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EURUSD and GBPUSD move toward 200 hour MA targets
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Key target areas being tested in the two major currency pairs
Nasdaq technical analysis: Trading this swing Long potential
2022-09-27
Trading this Nasdaq rebound potential with a stop below the 11k round number and scaling out in 3 ‘take profit’ parts.
See the video for details and follow possible updates within the post or comment of this page on ForexLive.com
https://www.forexlive.com/technical-analysis/nasdaq-technical-analysis-trading-this-swing-long-potential/
Trade the Nasdaq at your risk only.
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