There is some apprehension to move higher in the USDCAD as traders prepare for the BOC rate decision tomorrow |
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2023-11-09
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.
2023-11-08
🚀 Is the S&P 500 About to Take a Bearish Turn? | Full Technical Analysis Breakdown🚀
📈 *Prepare for Jerome Powell’s speech aftermath with our in-depth technical analysis!*
🔍 Dive deep into the intricacies of the S&P 500 as we explore what the future holds post-Jerome Powell’s crucial address. We’re not just chart-watchers; we’re chart-breakers. On today’s episode, we meticulously dissect the 4-hour chart, equipped with the Williams %R indicator, revealing insights into the overbought and oversold realms of the market.
👨🏫 We walk you through a comprehensive analysis, with our indicators anchored to the critical high of July 27th, revealing the tale of the Volume Weighted Average Price (VWAP) and its significance in the current market scenario. Understand why this purple line is more
2023-11-07
What is moving the markets from a technical perspective in the 3 major currency pairs on November 7, 2023.
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.
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