If the 100-hour MA at 0.8672 and the 38.2% of the move down from the October 2023 high at 08680 can be broken, the buyers can take more control |
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Published on January 25, 2024
If the 100-hour MA at 0.8672 and the 38.2% of the move down from the October 2023 high at 08680 can be broken, the buyers can take more control |
2023-12-07
Here’s a quick technical analysis on the S&P 500 with some fundamental background.
For more visit ForexLive.com
2023-11-30
Here’s a quick technical analysis on Gold with some fundamental background.
For more visit ForexLive.com
2023-11-28
Will the Reserve Bank of New Zealand’s interest rate decision shift the NZDUSD bias? Currently above key technical levels, traders should watch for a move below 0.6092 for more bearish clues
2023-11-28
In the near future, gold might bounce in a primarily technical move as the price emerges from oversold conditions and the appetite to push lower appears limited. At the Fed’s next meeting in a month, the funds’ rate will likely remain at 5.25-5.5%, which is the primary narrative. Nevertheless, this idea may be invalidated if the American inflation data are surprising.
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