livetotradefx

livetotradefx

The yellow metal seemed to find some buoyancy after the highly anticipated 75 bps rate hike decision from the Fed. The rate decision was last seen in 1994, which rippled across the market as a sign of a fast track towards recession in the US underpinning the price for the safe haven at price range $1800 level.

livetotradefx

Brent Crude made a downturn after EIA printed a larger than expected inventory and the recent Fed rate hike to curb high inflation looms over an economic slowdown. Long-term bias still bullish, price correction to near-term support.

livetotradefx

Brent Crude made a downturn after EIA printed a larger than expected inventory and the recent Fed rate hike to curb high inflation looms over economic slowdown.

livetotradefx

Hi there. There has been a developing downward channel in GBPUSD H4 chart. Will we see price move to towards the lower line? Fore more technical setups and patterns, kindly visit my blog at www.liveototradeforex.blogspot.com

livetotradefx

DXY has been rallying since last week amidst the Covid Crisis. Will we see a break to the upside or more further consolidation? Please do leave your thoughts. Thank you.

livetotradefx Updated 

Hi there. To my own perspective, EURUSD is currently in a descending triangle under the H4 chart. Will the price proceed lower to test again 1.0658 near term support level?

livetotradefx

Hi there. As what I've shared a few moments ago, EURUSD was within the descending triangle and now it broke outside that pattern. Will we see a support if price touch the broken descending trendline of the descending triangle pattern and move higher or will the market hammered back to continue its downward move?

livetotradefx

Hi there. Sharing with you my technical analysis thought to the EURUSD pair. As you can see, from my perspective, this currency pair has been inside a downward channel for quite a long while. It even attempted to broke out last week but sucked again within the channel. Will the price continue to flow within it?

livetotradefx

Aussie is now having some shallow decline. Is it reacting to support?

livetotradefx

DXY or the US Dollar Index has been rallying for eight days. Thus, the culprit to why most of the major pairs are on the negative. More upward rally? Or a retracement back to support in preparation for another leg up?

livetotradefx

USDJPY did break out yesterday within the symmetrical triangle pattern. Is it going to rally more or would it retrace back to support?

livetotradefx

As of today, USDJPY is inside a symmetricl triangle pattern. Is it going to break the resistance line or move back to support?

livetotradefx

As of today, USDJPY is inside a symmetrical triangle pattern. Is it going to break the upper resistance line or move back towards support?

livetotradefx

Good day Traders. As of today, USOil rallied after reports citing that Saudi Arabia, Other OPEC and non-OPEC allies would extend on cutting oil supplies until the end of 2018 however were ready to make gradual adjustments in the event of any supply shortage. From my recent post, USOil is still in a clear uptrend and price was sitting off to key support with...

livetotradefx

Oil remains flat and holding at key support price $66.58 for two days after a steep decline following plans for Russia and OPEC to lift production for the coming months though remain uncertain until its meeting on June 22, 2018 in Vienna Austria. Will we see some upbeat if EIA Crude Oil Stockpiles report be positive tomorrow? for more, kindly visit my blog...

livetotradefx

USDJPY has been dropping for the past 7 days of trading amidst political tension on the EUROZONE making safe-haven currency stronger against the Dollar. With US 10 year yield now pulling below psychological level 3%, will today's economic news be a momentum for an uphill battle with the Yen currency considering positive Japan Retail Trade released just minutes ago...

livetotradefx

Sliding US 10 Year Bond Yield contributes to downward pressure of the USDJPY pair now pulling price back towards near term support 108.825. Will we see some bullish reaction soon as GDP annualized, Trade Balance and Core Personal Consumption Expenditures be released tomorrow? For more update, kindly visit my blog at: livetotradefx.blogspot.com

livetotradefx

Angst Political tension looming around the Eurozone and the widening of spread of the Germany and Italy bond yield, Fiber is now trading near 7th Month low. Let's look at the chart if where could find a possible support for the EUR currency. From the Weekly chart below of the EURUSD pair, price is now sitting at key support price level 1.1610. Price could hit...