A stronger USD to start the trading week sends the EURUSD and GBPUSD breaking. The USDJPY tests the high for the year and corrects, but is heading back higher. |
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Home › Videos › 4) FX Trends › 4.) Forex Live › The USD is king. The kickstart video looks at the EURUSD, USDJPY and GBPUSD.
Published on February 5, 2024
A stronger USD to start the trading week sends the EURUSD and GBPUSD breaking. The USDJPY tests the high for the year and corrects, but is heading back higher. |
2023-12-14
The AUDUSD broke out of its trading range and is now moving upwards. The price has reached the 50% midpoint of the 2023 trading range, but fluctuations are still occurring. Close attention should be paid to the risk level defined by recent highs. Watch the video for an analysis of the pair’s technical factors and potential challenges to the bullish bias.
2023-12-13
What levels are in play through the FOMC rate decision? A technical level that shows the roadmap through the Fed fireworks.
2023-12-12
The EURGBP broke higher today, surpassing a key resistance level. This suggests the possibility of further gains in the short term. However, the ECB and the BOE rate decisions on Thursday could impact the currency pair. Overall, the market expects the ECB to be more dovish, which could be bearish for EURGBP. Watch for short term clues around 0.85877.
2023-12-11
USD/CAD sellers gain momentum as price falls below crucial moving averages. Bias turns bearish, with next target at 1.35478. A move below this level could target the 200-day moving average at 1.3515.
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