TRuFA Webinar by @forexanalytix.bsky.social

show en Vivo y Comenzamos en unos minutos.

Con nuestro análisis técnico de mercados
#Trading #Traders

Patrocinado por:
Eightcap español Eightcap latam

forexanalytix.zoom.us/webinar/regi...

The US Dollar rallied hard today to the 127% extension of the 2023 highs to 2024 lows. This could be the 5th wave of a final push higher in the US Dollar with some leftover USD buying to do into year end today. Back below 108.00 would be a bearish event. #USD #USDollar

Check out the Week Ahead video from
@pipczar

#Bitcoin Hits Long Term Target!

Watch here: youtube.com/watch?v=BnWG...

Now that Bitcoin has rallied above 100K, what's next? Blake covers that and more! $EURUSD with the #ECB decision this week. He also covers the $SPX #GOLD #COPPER #10yr and more!

Asian Session Update: #Bitcoin has reached the 161% extension at 103794 as expected. RSI is very divergent, so caution is not warranted for bulls. This is a long term completion level target

Intraday Update: As the FX market goes into month end flow trading (on a big US holiday week) the GBPUSD traders are paying very close attention to the 1.2620's. A break of this level today would allow for a move back to the 1.2725 level and near channel resistance. US data dump today at 8:30am ET

Asian Session Update: #USDCAD broke higher towards the channel resistance at 1.4170's as Trump proposed 25% tariffs on Canada and Mexico. Keep in mind, he is NOT president YET. However, it has freaked any USDCAD shorts out of their positions. Channel resistance should be strong in European trade.

Intraday Update: The $EURUSD bear flag has continued lower today hitting lows not seen since 2022. Fresh lows were made below the 1.0440's and we'd expect that sellers are going to be in this area ahead of the US PMI's. The bear flag measures to just below the 1.0300 level.

If you have not seen the Trade Off show with Chris Weston and I, check it out below:

www.youtube.com/watch?v=7wkQ...

We talk #Bitcoin, #dollar, Treasury Secretary, #EURUSD, #Silverand more!

Hola traders

Ya tenemos el show webinar de ayer !!
#trading
by @forexanalytix.bsky.social Team #traders
www.youtube.com/watch?v=o6-q...

Intraday Update: The #EURUSD is testing 1.0500 and the #GBPUSD is nearing the 1.2600 level support, and break lower would target long term trend line and 78% retracement at 1.2545

Intraday Update: #EURUSD pivoting off flag support as the 1.0600 level remains key resistance for the pair. It's flag resistance and the 61.8% retracement. A move below the 1.0540 would target 1.0500 once again.

#EURCHF created a false breakdown thanks to the overnight news out of Russia. This could lead the pair back to the 50dma.

Intraday Update: The #EURUSD may be developing a bear flag pattern while below the 1.0600 level resistance. Support would be the spike lows following the headlines out of Russia at 1.0523.

Intraday Update: The #USDCAD has worked off overbought intraday RSI's and is now mid range. The pair has also found support at the 38% retracement at 1.3999 (today's low at 1.4004. Further support is 1.3979 and back above 1.4050 may suggest the near term pullback is over. Retail remains net short

Intraday Update: The #USDMXN is testing flag support and the previous breakout point at 20.2500. #forex