The USDCHF is not doing much in trading today, but the buyers are trying to take control

2024-03-18

The sellers missed on the move lower and below support targets including the 100-day MA.

2024-03-15

The buyers were in control yesterday and in the early hours of trading today, but the pair has rotated lower and trades back below key MA levels. In this video, I explain what next?

2024-03-14

What next for the USDCAD from a technical perspective

2024-03-12

Traders wait for the next shove.

2024-03-11

…Or is it just a stall before breaking lower?

2024-03-11

#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.
0:45 Technical Analysis with Optimal Entries.
2:26 Upcoming Economic Data.

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#trading #futures #commodities

2024-01-02

The sellers in the EURUSD today, took the price back to the midpoint of the range since the 2020 high at 1.0942 (the low reached 1.0940). The buyers leaned against that level and bounced the price modestly to 1.0967. Since then the price is trading up and down withing the 27 pips range.

Given the sharp move lower today, and modest correction, I am inclined to keep the short term tilt to the downside. However, the price needs to get and stay below the 1.0942 level and then the 50% of the move up from the December 2023 low. That level comes in at 1.0931. Near that level is a number of swing lows and highs going back to mid-December.

For a full technical look at the EURUSD pair, watch the quick look videa.

2023-12-13

Discover the key levels that will determine the bullish and bearish bias for EURUSD, providing valuable insights for traders.