Traders took the price of the USDCAD above the 100 hour MA after holding below it yesterday. That tilt is a modest positive for traders looking for a bottom. Stay above will be a key barometer for traders today. |

You Might Also Like

2024-12-19
What key levels are in play on the corrective move lower in the USDCAD

2024-12-18
A look at the 3 major currencies ahead of the FOMC rate decision

2024-12-16
In this video, I outline what the buyers would need to do to turn the bearish bias around. Absent that, and the sellers are more in control.

2024-10-22
What are the key levels in play and why for the 3 major currency pairs

2024-10-21
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
———————————————————————-
Topics covered in the video:
0:00 Fundamental Outlook.
0:40 Technical Analysis with Optimal Entries.
1:58 Upcoming Catalysts.
———————————————————————-
Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive
#trading #daytrading #fundamentalanalysis

2024-10-17
Staying above the 61.8% is key in the short term

2024-10-16
Can the sellers build on the short-term weakness?

2024-10-14
What is the major currency pair’s price action telling traders to start the new trading day.
Tags: Featured,newsletter