| USDCAD corrects to the upside toward the falling 100 hour MA. Earlier, the price of the USDCAD moved back above the 50% midpoint of the move up from the October 2021 low at 1.3132. That level is now key support again. |
You Might Also Like
S&P 500 Technical Analysis
2023-07-03
Here’s a quick technical analysis on the S&P 500 with some fundamental background.
For more visit ForexLive.com
I know. I know. I know. The USDJPY is overbought, but how do you trade it?
2023-06-29
In this video, I outline how you can trade an overbought market.
USDCHF trading higher on the day with the bias tilting back to the upside.
2023-06-28
The 100 and 200 hour moving averages at 0.8955
USDJPY trades to a new 2023 high but not by a lot. Buyers still in control though.
2023-06-27
The sellers need to do more to take back control. Until then, the buyers are still winning.
Despite the 50 bp hike by the BOE, the GBPUSD is lower on the week and below MA support
2023-06-23
The GBPUSD has moved below the rising 200 hour MA giving sellers some control
EURUSD extends higher today but backs off after break of 1.1000 fails
2023-06-22
Witness the extension of EURUSD’s upward movement today, only to retreat after failing to sustain a break above the key level of 1.1000 to 1.1006. Explore the significance of this failed upside target and the subsequent shift in support to the range of 1.0961-1.0972. Stay informed about the latest developments in the market and gain valuable insights for your trading decisions by watching this informative video.
Ethereum Technical Analysis
2023-06-21
Here’s a quick technical analysis on Ethereum.
For more visit ForexLive.com
S&P 500 Technical Analysis
2023-06-19
Here’s a quick technical analysis on the S&P 500 with some fundamental background.
For more visit ForexLive.com
Tags: Featured,newsletter
