The break above the 61.8% retracement of the move down from the May high at 0.88989 failed last week. The 100 hour MA is being tested. |
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The 100-hour MA comes to the rescue and sellers forced its way back into the Red Box in the Asian session. Buyers still in control.
2024-10-06
Oil had a massive rally of apx. 14% in less than 4 days and probably has some more fuel. But the question is where to join and I am giving you two potential prices to look at. Always trade at your own risk only and visit ForexLive.com for additional opinions.
2024-08-06
#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.
2024-08-05
#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.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:07 Technical Analysis with Optimal Entries.
2:06 Upcoming Economic Data.
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2024-05-24
The EURUSD is above its 100/200 hour MAs. Those MAs are a key barometer area today and going into the new trading week
2024-05-23
The ceiling area in the USDCHF comes in between 0.9146 to 0.9156
2024-05-22
Getting above the 1.36757 and staying above would increase the bullish bias
2024-05-21
The price action is limited but there are some key levels that could help your trading today.
In the kickstart video, I take a look at 3 major currency pairs from a technical perspective – the EURUSD, USDJPY and GBPUSD. What is driving the pairs technically? What would either increase the bullish or bearish bias for each for traders today (and why)?
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