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Technical Analysis

Kickstart your FX trading for April 24 with a technical look at EURUSD, USDJPY and GBPUSD

Forex

Kickstart your FX trading for April 24 with a technical look at EURUSD, USDJPY and GBPUSD

  • The USDJPY moves above 155.00 but backs off. Still above the 100 hour MA.
Greg Michalowski
Greg Michalowski
Wednesday, 24/04/2024 | 13:12 GMT-0
24/04/2024 | 13:12 GMT-0

The AUD is the strongest and the CHF is the weakest as the NA session begins

forex

The AUD is the strongest and the CHF is the weakest as the NA session begins

  • The USD is tilting modestly to the upside
Greg Michalowski
Greg Michalowski
Wednesday, 24/04/2024 | 12:13 GMT-0
24/04/2024 | 12:13 GMT-0

WTI Crude Oil Technical Analysis

WTI Crude Oil

WTI Crude Oil Technical Analysis

  • Crude Oil fell below the key $83 zone as the geopolitical risk faded. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 12:04 GMT-0
24/04/2024 | 12:04 GMT-0

GBPJPY Technical Analysis

GBPJPY

GBPJPY Technical Analysis

  • The GBPJPY pair got stuck in a range. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 10:52 GMT-0
24/04/2024 | 10:52 GMT-0

Nasdaq Composite Technical Analysis

Nasdaq Composite

Nasdaq Composite Technical Analysis

  • The Nasdaq Composite extends the rally following weaker US PMIs. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 09:45 GMT-0
24/04/2024 | 09:45 GMT-0

Copper Technical Analysis

copper

Copper Technical Analysis

  • Copper broke out into a new cycle high. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 08:22 GMT-0
24/04/2024 | 08:22 GMT-0
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easymarkets

Crypto in the Spotlight: easyMarkets Q1 2024

  • Q1 2024 saw a surge in trading volumes for easyMarkets for crypto and major market indices
easyMarkets
Thursday, 25/04/2024 | 07:34 GMT-0
25/04/2024 | 07:34 GMT-0

EURUSD Technical Analysis

EURUSD

EURUSD Technical Analysis

  • The EURUSD pair reached the key 1.07 resistance zone. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 07:10 GMT-0
24/04/2024 | 07:10 GMT-0

USDCHF Technical Analysis

USDCHF

USDCHF Technical Analysis

  • The USDCHF pair continues to consolidate around a key resistance level. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 05:57 GMT-0
24/04/2024 | 05:57 GMT-0
USDCAD another pair that has retraced the USD gains. Back down testing 50% midpoint.

USDCAD stretches to a key support target defined by a cluster of technical levels

usdcad

USDCAD stretches to a key support target defined by a cluster of technical levels

  • A swing area, 100 bar MA on the 4-hour chart, and 50% of the April trading range is being tested.
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 19:03 GMT-0
23/04/2024 | 19:03 GMT-0

USDJPY increases the 100 hour MA as a key downside support target

USDJPY

USDJPY increases the 100 hour MA as a key downside support target

  • Key barometer going forward near the 100-hour MA at 154.57 area. Resistance at 155.00.
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 18:24 GMT-0
23/04/2024 | 18:24 GMT-0

EURUSD has a cap near the 38.2% retracement, but buyers are pushing.

EURUSD

EURUSD has a cap near the 38.2% retracement, but buyers are pushing.

  • The 38.2% retracement of the April training range comes in at 1.0709
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 16:50 GMT-0
23/04/2024 | 16:50 GMT-0

US broader indices up over 1%. S&P up 1.01%. NASDAQ index up 1.43%

S&P

US broader indices up over 1%. S&P up 1.01%. NASDAQ index up 1.43%

  • Stocks rise as yields move lower. Economy slows.
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 15:57 GMT-0
23/04/2024 | 15:57 GMT-0
Sponsored

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FBS

FBS Financial Market Analysts Forecast Gold Prices to Rise to $2,800

  • Inflationary pressures make gold more attractive as a hedge against currency devaluation.
FBS
Wednesday, 24/04/2024 | 11:29 GMT-0
24/04/2024 | 11:29 GMT-0

NZDUSD extends to the upside on the back of a lower dollar today

nzdusd

NZDUSD extends to the upside on the back of a lower dollar today

  • The weaker data and lower yields has the NZDUSD pair moving above the close target resistance. Can the momentum continue?
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 15:37 GMT-0
23/04/2024 | 15:37 GMT-0

AUDUSD reacts to the weaker US data. Pair moves higher as yields move lower/stocks higher.

AUDUSD

AUDUSD reacts to the weaker US data. Pair moves higher as yields move lower/stocks higher.

  • Lower yields and risk on flows sends the AUDUSD higher. Buyers take price above 38.2% of the April trading range
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 15:01 GMT-0
23/04/2024 | 15:01 GMT-0

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

USDCHF

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

  • The USDCHF buyers are leaning against the 100-hour MA in early US trading. Are the buyers making a play?
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 13:39 GMT-0
23/04/2024 | 13:39 GMT-0

Kickstart the FX trading day for April 23 w/a technical look at EURUSD, USDJPY and GBPUSD

fOREX

Kickstart the FX trading day for April 23 w/a technical look at EURUSD, USDJPY and GBPUSD

  • What is driving the major currency pairs to start the trading day on April 23, 2024.
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 13:07 GMT-0
23/04/2024 | 13:07 GMT-0

The GBP is the strongest and the NZD is the weakest as the NA session begins

forex

The GBP is the strongest and the NZD is the weakest as the NA session begins

  • The USD. is mixed to lower to start the US session
Greg Michalowski
Greg Michalowski
Tuesday, 23/04/2024 | 12:14 GMT-0
23/04/2024 | 12:14 GMT-0

NZDUSD Technical Analysis

NZDUSD

NZDUSD Technical Analysis

  • The NZDUSD pair bounced on the key support zone around the 0.5870 level. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 12:07 GMT-0
23/04/2024 | 12:07 GMT-0
Sponsored

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BTC

Market Psychology in Bitcoin Trading: Understanding Emotions and Trends

  • Excessive emotions and failure to leverage trends can undermine your experience and profitability as a Bitcoin trader.
Animus Webs
Thursday, 04/04/2024 | 08:19 GMT-0
04/04/2024 | 08:19 GMT-0

AUDUSD Technical Analysis

AUDUSD

AUDUSD Technical Analysis

  • The AUDUSD pair pulls back after a strong selloff. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 11:05 GMT-0
23/04/2024 | 11:05 GMT-0

Nasdaq Composite Technical Analysis

Nasdaq Composite

Nasdaq Composite Technical Analysis

  • The Nasdaq Composite pulled back into a key resistance. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 09:39 GMT-0
23/04/2024 | 09:39 GMT-0

USDCAD Technical Analysis - We are near key resistance levels

USDCAD

USDCAD Technical Analysis - We are near key resistance levels

  • The USDCAD pair continues to retreat from the top of the one-year range. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 08:12 GMT-0
23/04/2024 | 08:12 GMT-0

USDJPY Technical Analysis

USDJPY

USDJPY Technical Analysis

  • The USDJPY pair consolidates just beneath the 155.00 handle. What’s next?
FL Contributors
FL Contributors
Tuesday, 23/04/2024 | 07:11 GMT-0
23/04/2024 | 07:11 GMT-0
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