Forexlive | Forex Technical Analysis Live Updates (2024)

Kickstart the Asian/Pacific session with a technical look at the USDJPY, AUDUSD and NZDUSD

• What technical levels are in play for the Asian Pacific major currency pairs?

NASDAQ now on pace for a record close

• All-time high closing level comes in at 16274.94

GBPUSD extends to 1.2800 target level. High reaches 1.2797.

• The high from 2023 at 1.2827 is the next target

What will happen to the gold price in 2024 – Octa forecast

• According to many analysts' forecasts, the price of gold may increase in 2024.

• The all-time high closing level comes in at 5137.07 from last Friday

EURUSD bounces above key support, setting up bullish momentum

• EURUSD finds solid support at 38.2% Fibonacci level, signaling potential upside movement

AUDUSD continues its run to the upside and extends to the 38.2% retracement of move lower.

• The AUDUSD continued its run to the upside started yesterday and in the process tests the 38.2% of the move down from the December high at 0.66059. Just above that is a swing area between 0.66124 and 0.6624 in play.

USDCAD continues its fall today, but sellers find their match against the key 200 day MA

• The USDCAD tests it 200-day moving average 1.34787 and finds some buyers.

Kickstart your FX trading for March 7 with a technical look at EURUSD, USDJPY and GBPUSD

• The EURUSD is moving lower on the back of the ECB and the USDJPY is moving lower on the back of the BOJ.

USDJPY falls below its 100-day moving average at 147.813

• First time below the moving average since February 2

Xsolla Debuts Xsolla Wallet, Empowering Developers and Creators

• Xsolla wallet enables access to embedded finance solutions and instant earnings.

Nasdaq Composite Technical Analysis

• The Nasdaq Composite resist the breakdown bouncing on the 21 moving average. What’s next?

The JPY is the strongest and the EUR is the weakest as the NA session begins

• The USD is fighting with the EUR as the weakest of the major currencies

Dow Jones Technical Analysis

• The Dow Jones breaks the key trendline and opens the door for a bigger correction. What’s next?

EURUSD Technical Analysis

• The EURUSD pair probes above the 1.09 handle. What’s next?

• The S&P 500 bounces on a strong support zone. What’s next?

USDJPY Technical Analysis - Rate hike speculations lead to INCREDIBLE moves

• The USDJPY pair breaks down as market participants position for the BoJ exit from NIRP. What’s next?

Karma3 Labs Raises a $4.5M Seed Round Led by Galaxy and IDEO CoLab to Build OpenRank

• Introducing trust and reputation mechanisms is critical to web3.

Russell 2000 Technical Analysis

• The Russell 2000 is struggling to break above the 2073 high. What’s next?

AUDUSD buyers take more control today. Can they keep the momentum going in the new day?

• The AUDUSD is above the 100/200 day MAs near 0.6558. That is the new barometer for the pair going forward.

USDJPY trades lower and tests key moving average. Buyers enter at level on the first test.

• After testing the 200 bar moving average on the 4- hour chart, what next for the USDJPY traders?

Atlanta Fed GDPNow growth estimate rises to 2.5% from 2.1% last

• Atlanta Fed GDPNow growth estimate for Q1

The USD is moving lower and making breaks in many of the major currencies. What next?

• In this video, I review from a technical perspective, the EURUSD, USDCHF, USDCAD NZDUSD and AUDUSD as each move in favor of a lower USD.

Traders prepare for BOC rate decision and Chair Powell. What USDCAD levels are play?

• Fed's Powell testifies on Capitol Hill. Bank of Canada right decision at 9:45 AM.

BinaryX IGO to List Project Matthew: Build A Space City With ERC-404 NFTs

• Project Matthew is a space-building simulation game.