The USDCHF has strong support at the 50% retracement of the range since the December 2023 low at 0.8777, and strong resistance against the broken 38.2% and 200 day MA at 0.8830. |
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2024-06-14
#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.
1:20 Technical Analysis with Optimal Entries.
3:09 Upcoming Economic Data.
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2024-06-12
The 50% and May high comes in at 0.67134. Key target on the topside for buyers and sellers
2024-06-11
The 100 bar MA on the 4-hour chart comes in at 0.61363. Key barometer for the pair for buyers and sellers.
2024-06-11
How much steam does Apple stock have based on its new AI product launch. Not much, according to this price reaction at this important technical junction.
2024-06-07
What technicals are driving the major currency pairs after the stronger-than-expected US jobs report?
2024-04-03
The USDCAD 100 bar moving average on the four hour chart comes in at 1.35468. That is close support for traders today.
2024-04-02
The US stocks are opening sharply lower, and that is pressuring the USD in early US trading on April 2, 2024. WHat next?
2024-03-27
The price action in the AUDUSD has been up and down today, with the lows trying to break below a lower upward sloping trend line. Those breaks have failed keeping the buyers in play.
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