The USDCAD price action is misbehaving Sometimes you have to deal with it.

2024-11-28

Adam Button from ForexLive speaks with BNNBloomberg.
This week the Canadian dollar fell to the lowest level since May 2020. Excluding the pandemic and a brief rout in 2016, it’s the lowest in 21 years.
Now, it’s not entirely fair to say the loonie is struggling in a global context. It’s right in the middle of the five-year range against the euro, slightly below the five-year average against the pound and near a 15-year high against the Japanese yen.
Still, it’s weakened lately and there is one main domestic driver:
• Interest rates are working as intended, slowing the economy. If anything, the weakness is falling too hard on real estate and that’s elevating risks around housing, with Toronto condos looking particularly ripe for a rout. The spring housing market is likely to set the tone

2024-09-27

A technical look at the AUDUSD, NZDUSD and USDCAD for September 27.

2024-09-26

#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.
0:39 Technical Analysis with Optimal Entries.
1:40 Upcoming Catalysts.

———————————————————————-

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

#trading #futures #commodities

2024-09-25

Briefly describe📊 Amazon (AMZN) Stock Technical Analysis 2024-2025: Dive into key levels and trends as profit-takers step in, guided by this Anchored VWAP analysis. Is AMZN set for a reversal or further downside? We’ll cover crucial price action insights and potential buy zones. Watch now to see where AMZN could be headed and how to trade it! 🚀📉 the video.

2024-09-24

#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.
0:26 Technical Analysis with Optimal Entries.
1:40 Upcoming Catalysts.

———————————————————————-

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

#trading #futures #commodities

2024-07-23

Sellers don’t have the momentum to get below the 38.2% retracement target on the first look. Got with 4-pips of the level at 1.08394.

2024-07-22

The USD is waffling up and down to start the trading week.