The USDCAD runs away from 100/200 bar MA on the 4-hour chart |
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The USDCAD broke above the January 17 high, but only by a couple pips. Can sellers correct the pair lower now?
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The 200-day MA in the USDCAD was broken at 1.34789,. Stay above and the buyers can push toward 2024 highs between 1.3526 and 1.3541.
2024-02-01
#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.
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Topics covered in the video:
0:00 Fundamental Outlook.
2:06 Technical Analysis with Optimal Entries.
3:26 Upcoming Economic Data.
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#trading #daytrading #fundamentalanalysis
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The AUDUSD has moved lower recently but is now showing potential for upside momentum as the price threatens to end its 3-day decline. Buyers have come in near support levels, and if they can hold above the rising 200-hour moving average, there is the possibility of a move towards the 100-hour moving average and a swing area. Stay updated on the AUDUSD’s price action.
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2023-11-06
Bearish break on Friday in the USDCHF below the 200 day MA at 0.9002 and the 100 bar MA on the 4-hour chart at 0.8997. Stay below is more bearish going forward.
2023-10-31
Bias shifts to the downside on break of 100/200 hour MA
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