| The price is moving above the 1.3860 level. Can the buyers keep the momentum going on the break? |
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USDJPY buyers defend key support as pair eyes break above 158.08
2026-03-06
USDJPY is trading higher on the day despite weaker U.S. jobs data. The move has been supported by favorable technicals, with the low for the day holding near the rising 100-hour moving average at 157.45, which also aligns with an upward-sloping trendline at roughly the same level. With the price currently above those supports, buyers retain the near-term control. A move back below that support zone would give sellers a foothold and could open the door for a deeper corrective move. Absent that, a break above the weekly high at 158.08 would likely lead to further upside probing as the broader uptrend continues.
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Technical Breakdown: Can support at 156.87 hold, or is a drop to 156.17 next?
Gold Technicals: In a surprise move, gold is racing to the downside. What next?
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USDCAD technicals: The USDCAD runs into a topside ceiling area and finds willing sellers.
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Sellers are leaning at the swing area ceiling that has confined most of the upside in the USDCAD in 2026
USDCAD Technicals: The USDCAD is trading up and down with clearly defined ceilings/floors
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What would push the bias in the short term for the USDCAD traders? I go through those levels in this video.
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USDCHF Back in Play: Bullish Setup Building Ahead
2025-11-20
This week’s Exness Market Outlook puts the spotlight on USDCHF and a potential buy scenario that’s starting to look interesting for forex trading. Price has been stuck in a range for months, but a fresh rebound off the lower boundary raises the question: is the path back toward 0.81 opening up again? Momentum signals and shifting expectations around the upcoming US jobs report and the Fed’s December meeting add more weight to the story. But how much of this move is already priced in, and where could the traps be for early buyers? We also line up the events worth watching this week, including FOMC minutes and NFP. Want the full breakdown and trade map? Tune in and see whether this setup deserves a spot on your radar.
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USDCAD Technicals: The buyers return after yesterday’s sharp fall. What next for traders?
2025-11-19
Lower oil prices are weakening the CAD (higher USDCAD). The sharp selling is seeing the declines retraced. However, the 100/200 hour MAs are being approached and could be a tough hurdle for buyers.
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