USDCAD down again and below the low of the “Red Box”

2025-01-21

Adam Button from ForexLive spoke with BNNBloomberg on Trump’s first day in office and spoke about some of the early takeaways.
The first market move of Trump’s second Presidency was: US dollar weakness.
It was a sharp move on a report — later confirmed — that Trump won’t be initiating any tariffs to begin his term. The main lesson in that — and I think we’ve learned this before — is that Trump’s bark is worse than his bite. There was fear this would be a more-unhinged version of Trump but so far he’s looking like the same guy.
So here is what we’ve learned.
1) Noting to upset the stock market
Our baseline playbook for Trump is the same as the first time: The stock market is priority #1, along with growth. Efforts to balance trade and the deficit are second and third.
A tariff war is

2025-01-20

#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.
0:30 Technical Analysis with Optimal Entries.
1:34 Upcoming Catalysts

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Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
Facebook: https://www.facebook.com/forexlive/
Telegram: https://t.me/forexlive

#trading #futures #commodities

2024-11-08

The 38.2% of the move down from early May comes in at 0.8698

2024-11-07

The key levels in play for your trading today.

2024-09-13

The price is now between the 200 hour MA below and the 100 bar MA on the 4-hour chart above.

2024-09-12

What are the technicals driving the USD vs the 3 major currencies today.?

2024-09-10

The 100-hour MA is holding support below as buyers and sellers battle it out between MA levels.

2024-09-09

What technical levels are in play and why for the 3 major currency pairs to start the new trading week