USDCHF buyers hold intraday support and bounces. What keeps the buyers in control?

2025-01-21

Adam Button from ForexLive spoke with BNNBloomberg on Trump’s first day in office and spoke about some of the early takeaways.
The first market move of Trump’s second Presidency was: US dollar weakness.
It was a sharp move on a report — later confirmed — that Trump won’t be initiating any tariffs to begin his term. The main lesson in that — and I think we’ve learned this before — is that Trump’s bark is worse than his bite. There was fear this would be a more-unhinged version of Trump but so far he’s looking like the same guy.
So here is what we’ve learned.
1) Noting to upset the stock market
Our baseline playbook for Trump is the same as the first time: The stock market is priority #1, along with growth. Efforts to balance trade and the deficit are second and third.
A tariff war is

2025-01-20

#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.
0:30 Technical Analysis with Optimal Entries.
1:34 Upcoming Catalysts

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Website: https://www.forexlive.com/
Twitter: https://twitter.com/ForexLive
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#trading #futures #commodities

2024-11-08

Hold the 200 day MA at 151.67 keeps the buyers in play. Move below is more bearish.

2024-11-07

NZDUSD buyers regained control, pushing the pair above key moving averages. Breaking through resistance at 0.6031-0.60387 could signal further upside. On the downside, hold above 0.6005 to maintain bullish bias.

2024-09-13

The USDCAD trades above and below the 100-hour MA at 1.35804.

2024-09-12

Buyers are making a play in the short term in the USDCHF

2024-09-10

Technical support defined by the 38.2% retracement, 100 day moving average and 200 bar moving average on the 4-hour chart come between 0.6642 and 0.6650

2024-09-09

If the USDCHF can stay above the 200-hour MA at 0.8470 and the 100-hour MA at 0.8464 it keeps the bias more to the upside at least in the short term with work to do.