-
New here? Post 10 threads to unlock access to threads, or upgrade now to access Crax all content instantly!
-
Join CraxPro and earn real money through our Credit Rewards System. Participate and redeem credits for Bitcoin/USDT. Start earning today!
Read the detailed thread here
crax forex
-
RSS The USD is moving lower in volatile trading on the Pres. Trump comments at Davos
The USD is moving up and down as Trump addresses the Davos World Economic Forum. Trump spoke of bringing the price of oil down. He spoke about interest rates coming down. That seemed to help to weaken the dollar. IN the US debt market, the yield curve steepened with the 2 year lower by -1.2 bps... -
RSS The NZDUSD stalled the rise yesterday at the 38.2% retracement and today at a falling MA.
The NZD/USD stalled its rise yesterday at the 38.2% retracement level (0.5688) of the decline from the November 29 high. This level also aligns with a key swing area between 0.56837 and 0.56917. Sellers capitalized on this resistance, pushing the price lower into the close. Today, the pair has... -
RSS The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers
The USDCHF moved higher in the European/early US session and in the process tested the falling 100 hour MA (blue line currently at 0.90869). That was the 2nd test of the MA this week. On Tuesday, the price also moved to that moving average, and found willing sellers. The hold twice increases... -
RSS The USDCAD remains in its up and down range, but with a modest bullish tilt
IN Adam posts "Why the Canadian dollar will continue to ignore the economic data" and he brings up some key points. In my video above, I complement the post, with a technical look at the USDCAD. Yesterday, the price fell to test the low of the Red Box (and lower swing area) between 1.42899... -
RSS Gold Analysis for Today
TradeCompass for Gold Futures – January 23, 2025 Current Price: $2,758 TradeCompass helps you navigate the gold futures market with clear entry and exit points. Here's today's analysis to maximize your trading opportunities. Bullish Scenario Entry Above: $2,761 (Price needs to be above... -
RSS Nasdaq Futures Analysis Today by TradeCompass
TradeCompass for Nasdaq Futures – January 23, 2025 Current Price at the Time of the NQ analysis: 21,894The TradeCompass guides our bullish and bearish thresholds and outlines profit-taking targets to help you navigate the Nasdaq Futures market effectively. Here's the breakdown: Bullish... -
RSS Kickstart the FX trading day for Jan 23, w/ a technical look at the 3 major currency pairs
The video above outlines the technicals in play for the 3 major currency pairs, the EURUSD, USDJPY and GPUSD. Generally speaking the price action in each is limited (room to roam?). What are the key levels in each? A quick summary: The EURUSD yesterday stalled the recent rally in a swing area... -
RSS Nasdaq Technical Analysis – The bulls remain in control
Fundamental Overview The Nasdaq has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven’t got any key economic report since then and no comment from Fed speakers given that they are in the blackout period. The main driver of the... -
RSS S&P 500 Technical Analysis – A new all-time high is within reach
Fundamental Overview The S&P 500 has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven’t got any key economic report since then and no comment from Fed speakers given that they are in the blackout period. The main driver of... -
RSS Russell 2000 Technical Analysis – Tariffs headlines drive the price action
Fundamental Overview The Russell 2000 has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven’t got any key economic report since then and no comment from Fed speakers given that they are in the blackout period. The main driver... -
RSS Japanese Yen Futures Analysis Today by TradeCompass
TradeCompass for Japanese Yen Futures (6J - March 2025 Contract) | January 23, 2025 Japanese Yen Futures Price Prediction and Analysis At the time of this analysis, Japanese Yen Futures (6J, March 2025 contract) is trading at 0.0064270, apx at today’s VWAP and just below yesterday’s Point of... -
RSS USDJPY Technical Analysis – Focus on the BoJ decision
Fundamental Overview The USD has been marginally weaker against the major currencies recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got... -
RSS Welcome to TradeCompass: Your Trusted Guide to Navigating the Markets
Trade Smarter with TradeCompass: Your Market Edge Awaits Stay Ahead with Precise, Bias-Free Market Insights TradeCompass isn’t just another market analysis tool—it’s your strategic partner in mastering market movements. Built for traders who want to trade smarter, not harder, TradeCompass... -
RSS TradeCompass for Bitcoin Futures (Valid for January 22 and 23, 2025)
TradeCompass for Bitcoin Futures: January 22-23, 2025 – Bitcoin Price Prediction and Analysis This TradeCompass provides a comprehensive roadmap for Bitcoin Futures trading, covering both bullish and bearish setups for January 22 and January 23, 2025. Designed for traders seeking disciplined... -
RSS Has the US dollar topped, or is it just resting? Battle of the trend lines.
The steep up trend line for the USD appears to have been broken. The caveat, for me, is the approach to that horizontal one: I am sure readers of ForexLive can do better than me, let me know in the comments! FWIW I am suspecting that while the steep uptrend is over, it'll faf around for a... -
RSS Crude oil settles at $75.44. Tests 200 day MA at session lows
The price of crude oil has settled at $75.44. That is down -$0.39 or -0.51% on the day. The price is now down -6.60% from the high on January 15 at $80.73. The low price today reached $75.31. The high was at $76.42. Looking at the daily chart below, the price is approaching the 200 day MA at... -
RSS Oracle continues its run to the upside. What now technically for the stock?
In the video above, I take a look at Oracle the day after running higher on fundamental news of a joint venture took the price above the 100 day MA and the 200 hour MA. Both breaks to the upside were bullish technically. Those levels also helped to define risk for traders looking for more... -
RSS USDCAD reaches the MA targets and backs off
The USDCAD stretched higher and in doing so, reached the 100/200 hour MA target at 1.4385 to 1.43918 (see earlier video HERE). Sellers leaned at the risk-defining level on the first test, and the price has backed off. If the buyers are to take more control, getting and staying above those MAs... -
RSS S&P index pushes for a record close, but stalls on the first look.
The S&P index moved to a high today of 6092.82. That move took the price of the index above the highest closing level at 6090.27. The all-time high price was not breached at 6099.98. Technically speaking the price has gapped on the opening for the 3rd consecutive day. On Friday, the price... -
RSS TradeCompass for DAX Futures: Swing and Intraday Opportunities
TradeCompass: DAX Futures Analysis and Price Prediction Current Price OverviewDAX futures are trading at 21,377, positioned just above critical levels that dictate today’s price action: Point of Control (POC): The day's primary volume concentration. VWAP (Volume Weighted Average Price)... -
RSS NZDUSD sellers defining the ceiling for the pair between 0.56837 and 0.56917.
The NZDUSD has not been without it's volatility since the US inauguration on Monday. However, the highs reached on Monday, and Tuesday and again today, stalled near the earlier January highs and the 38.2% retracement of the move down from the end of November high. That "ceiling" has gotten... -
RSS AUDUSD runs into sellers near swing area/retracement target. Seller make a play.
The AUDUSD has exhibited heightened volatility during the US election period. Despite the fluctuations, buyers have consistently stepped in near the rising 100-hour moving average, maintaining their presence in the market. On the flip side, recent highs from Monday and Tuesday encountered... -
RSS The USDCAD remains within the "Red Box" that has confined/defined the range since mid-Dec.
The USDCAD has experienced significant volatility during the election period. Yesterday, the pair reached a new high of 1.4514, the highest level since 2020, while the previous day saw a new low near 1.42899, the lowest since mid-December. These moves briefly broke out of the "Red Box" range... -
RSS Kickstart the FX trading day for Jan 22, w/ a technical look at the 3 major currency pairs
In the kickstart video above, I take a technical look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD. The EURUSD is trading higher on the day, but respecting a key technical target on the topside between 1.0448 and 1.0461.That is tough resistance on the topside that needs to be... -
RSS AUDUSD Technical Analysis – The pair seems to be bottoming out
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got lots of whipsaws in the last... -
RSS GBPUSD Technical Analysis – The USD erases the gains from the tariffs threats
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got lots of whipsaws in the last... -
RSS EURUSD Technical Analysis – The market shrugs off the tariffs threats
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got lots of whipsaws in the last... -
RSS Gold Technical Analysis – We got a key breakout
Fundamental Overview Gold continues to push into new highs as the softer US inflation data last week led to a fall in Treasury yields and weakened the US Dollar. The latest rally was triggered by Trump’s threats of tariffs on Canada and Mexico. It seems like the uncertainty around tariffs and... -
RSS Euro Futures Analysis for Today
TradeCompass for Euro Futures (6E) – January 22, 2025 At the time of this analysis, Euro Futures (6E) are trading at 1.04385, placing the market near the key bearish threshold of 1.04365. Below is a detailed Euro Futures analysis and price prediction for both bullish and bearish scenarios... -
RSS Dow Jones Futures Analysis for Today
TradeCompass for Dow Jones Futures – January 22, 2025 At the time of this analysis, Dow Jones Futures (YM) are trading at 44,239, which places the market below the key bearish threshold of 44,243. This supports a bearish outlook for the day. Below is a detailed Dow Jones Futures analysis and... -
RSS Today's Nasdaq Futures Analysis
TradeCompass for Nasdaq Futures – January 22, 2025 Current Price of Nasdaq Futures: Approximately 21,843 Key Thresholds Within Today's Nasdaq Futures Analysis Bullish above 21,880 Bearish below 21,827 Nasdaq Futures Bearish Scenario Why 21,827?Crossing below 21,827 signals bearish... -
RSS Today's Bitcoin Futures Analysis
TradeCompass for Bitcoin Futures Analysis – January 22, 2025 Current Price of Bitcoin Futures: 106,200 Key Thresholds Within Today's Bitcoin Futures Analysis Bullish above 106,840 Bearish below 105,450 Bitcoin Bullish Scenario Why 106,840?Crossing 106,840 signals bullish momentum in... -
RSS Oracle share spike higher and tilt the bias to the upside.What keeps the buyers in control
The President is announcing an AI infrastructure deal with Oracle part of the JV which includes OpenAI and Softbank. Shares of Orable surged on the deal and in the process made a move technically above the stocks 100 day MA at $170.48. The price also moved above the 100 and 200 hour MAs. The... -
RSS GBPUSD retracing declines after support buyers lean against the 100/200 hour MAs
The GBP/USD moved lower during the Asian and European sessions but found support near the converged 100- and 200-hour moving averages (MAs). Sellers turned into buyers at this critical area, and the pair began to rotate back to the upside. The upward momentum has now pushed the price toward the... -
RSS Bitcoin pushes back to the upside after correction lower stalls near 200 hour MA. Bounces.
Bitcoin has experienced significant volatility in recent days as the market reacts to the new Trump administration. On Monday, Bitcoin surged to its highest level ever, breaking above the December high of $108,364 and setting a new record at $109,356. However, the rally was short-lived, with... -
RSS EURUSD bounces off swing area support and moves to a 50% retracement area.
Summary of the video outlining the tech 📈 Swing Area Support and Buyer ConfidenceThe EUR/USD bounced off a critical swing area support, marked by previous highs and lows, signaling strong buyer interest. That area comes between 1.0332 to 1.0343. 📊 50% Retracement Area in FocusThe pair... -
RSS Volatility is the name of the game for AUDUSD but buyers held support near key MA support
The AUD/USD, like many other currency pairs over the past 24 hours, has experienced significant volatility in response to the transition of power in the U.S. under Trump. Yesterday, the pair dipped to test the 100-hour moving average (MA), briefly breaking below it before quickly rebounding. A... -
RSS USDCHF follows the USD lower after holding resistance at a key MA level. What next?
The USD is trending lower in the early U.S. session, and the USD/CHF is no exception. Technical factors are reinforcing this move, with sellers stepping in at the key 100-hour moving average (MA), located at 0.9112. The pair tested this level multiple times on the hourly chart but failed to... -
RSS USDCAD swings wildly as Trump impacts the currency pair. What are the technicals saying?
The USD/CAD is heavily influenced by headline news stemming from the new Trump presidency. Yesterday, the pair initially moved lower, tracking the USD's response to the inauguration address. However, the market reacted sharply as comments and executive orders (EOs) began to surface, particularly... -
RSS DAX Futures Analysis and AI Price Prediction
DAX Futures Analysis: Key Levels and Price Prediction DAX Futures OverviewThe DAX futures market is trading at 21,091, slightly down by 0.15% compared to yesterday’s close. The market sentiment appears neutral to indecisive, as reflected in the AI sentiment score of +1, indicating a lack of... -
RSS Kickstart the NA FX trading day with a technical look at the 3 major currency pairs.
In the kickstart video above, I take a technical look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD. On the earnings calendar today 3M Co (MMM) Q4 2024: EPS: $1.68 (STRONGER; exp. $1.66) Revenue: $5.8B (MET; exp. $5.78B) Charles Schwab (SCHW) EPS $1.01 (STRONGER; exp... -
RSS Russell 2000 Futures Analysis for Today
TradeCompass for Russell 2000 Futures (RTY) – January 21, 2025 Current Overview:Russell 2000 Futures (RTY) are trading at 2298, slightly below the psychological 2300 round number, an area that often attracts price fluctuations. With a tight range defined by bullish momentum above 2307 and... -
RSS NZDUSD Technical Analysis – The US Dollar whipsaws on tariffs talk
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the... -
RSS British Pound Price Prediction by AI
British Pound Futures Price Prediction by AI: Key Levels and Strategies for Today The British Pound Futures (6B) have displayed intriguing price action in today's 30-minute sessions, as ticker 6B is now at 1.2245 with buyers and sellers battling for control at the 1.2241 Value Area Low (VAL)... -
RSS USDCAD Technical Analysis – The pair is still stuck in a range
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the... -
RSS USDCHF Technical Analysis - Tariffs talk keeps the market on edge
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the... -
RSS USDJPY Technical Analysis – Some consolidation ahead of the BoJ decision
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the... -
RSS Euro Futures Analysis for Today
TradeCompass for Euro FX Futures (Ticker: 6E) – January 21, 2025 Current Overview:Euro FX Futures (6E) are trading at 1.0406, slightly below today’s VWAP (1.0412). This places the market in bearish territory based on the TradeCompass. Traders should monitor the outlined key levels for potential... -
RSS Gold Futures Analysis for Today
TradeCompass for Gold Futures Analysis Today – January 21, 2025 Current Overview:Gold Futures are currently trading at 2,740, maintaining a tight range. Traders should closely monitor the key breakout levels: 2,745 for bullish opportunities and 2,735 for bearish setups. These levels align with... -
RSS Nasdaq Futures Analysis for Today
TradeCompass for Nasdaq Futures – January 21, 2025 Current Overview:The Nasdaq Futures (NQ) is trading at 21,623, hovering just above yesterday's close. With a small movement so far (+0.14%), the market lacks directional bias at this time. Key Levels to Watch for Nasdaq Futures Today: Bullish...