USDCAD makes a break for it to the downside. What was the catalyst? What next?

2024-08-09

#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.

———————————————————————-

Topics covered in the video:

0:00 Fundamental Outlook.
0:44 Technical Analysis with Optimal Entries.

———————————————————————-

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

#trading #futures #commodities

2024-08-07

The 200 bar MA on the 4-hour, 100-day MA and 61.8% retracement loom above near 0.6317 and 0.6037

2024-08-06

The NZDUSD made a low but only by 3 pips yesterday. The subsequent bounce, has taken the price to the 100 bar MA on the 4-hour chart. Seller leaned there too. So buyers/sellers are battling.

2024-08-05

The USDCHF has resisted signal between 0.8549 and 0.8579

2024-05-24

The USDCHF moved to the high of an old ceiling at 0.9156, but stalled. Sellers leaned. However, close support comes in at 0.9133 (a retracement). Those levels will be close support and resistance to start the new trading week.

2024-05-22

The correction lower in the NZDUSD has taken the price back to the 50% midpoint of the move down from the December 2023 high at 0.61096.

2024-05-21

The RBNZ is expected to keep rates unchanged

2024-05-17

The USD is higher to start the day. What next for the Big 3 pairs