1. Crax Bot

    RSS EURUSD Technical Analysis – The pair is challenging the 2024 low

    Fundamental Overview The USD got a boost from the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed matched the market’s pricing. Nonetheless, the market reacted in a big way pushing Treasury yields higher and giving the USD...
  2. Crax Bot

    RSS USDJPY Technical Analysis – Deadly mix sends the pair higher

    Fundamental Overview The USD got a boost from the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed matched the market’s pricing. Nonetheless, the market reacted in a big way pushing Treasury yields higher and giving the USD...
  3. thewhispering20

    Forex 101: How to Get Started with Forex Trading

    Introduction: Forex trading can seem complicated, but it’s one of the most lucrative markets when done right. Here’s how you can start today! Steps: 1. Learn the Basics: Understand currency pairs, pips, and leverage. Resources like Babypips are great for beginners. 2. Choose a Broker: Use...
  4. Crax Bot

    RSS Crude oil futures settles at $69.38, down -$0.64 or 0.91%

    The price of crude oil futures are settling at $69.38. That is down -$0.64 or -0.91% on the day High of $70.54/bbl, low of $69.22/bbl. The price stayed below the 100 day MA at $71 him .14. It will take a move above that MA to increase the bullish bias. This article was written by Greg...
  5. Crax Bot

    RSS Bitcoin moving down and away from $100K

    The price of bitcoin has reached a low of $96782 and bounced modestly. The digital currency currently traders at $98434 down -$1739 or -1.71% on the day. Looking at the hourly chart, the price moved below the 100 and 200 hour MAs yesterday and then corrected higher, reaching the 200 hour MA...
  6. Crax Bot

    RSS GBPUSD falls to new session lows

    The GBPUSD is moving to new lows and in the process is chipping away at the November lows. The next downside targets will look toward the swing lows from NOvember 26 at 1.2506 and then the low from November 22 at 1.24865. Moving below those levels will take the pair to the lowest level from May...
  7. Crax Bot

    RSS USDJPY continues the trend move to the upside. Resistance target area reached

    The USDJPY has continued the trend move to the upside and in doing so has reached a swing area between 157.55 adn 158.42. The high price has so far reached 157.80. The move to the upside based on Tueday and early Wednesday against the 100 hour MA. The FOMC decision led to to run higher...
  8. Crax Bot

    RSS AUDUSD correcting higher after the sharp break and back toward swing area resistance.

    The AUDUSD is correcting higher in trading today after the sharp move lower yesterday after the hawkish cut from the Federal Reserve. The price moved to a low near natural support at 0.6200 (the low reached 0.61983) and bounced. The high price today reached 0.62646. That was just below the low...
  9. Crax Bot

    RSS The USDCAD retraces lower but finds support buyers ahead of support target

    The USDCAD spiked higher with the overall dollar buying yesterday, and that took the price above a swing high from 2020 at 1.4348. The price today has moved back to the downside in trading today, but has so far found support at that swing level. It is a short term bias defining level that if it...
  10. Crax Bot

    RSS USDCHF backs off and trades between the close support & resistance levels post FOMC spike

    The USD/CHF currency pair experienced a sharp upward move yesterday following the FOMC rate decision. The price climbed above the key resistance level of 0.9000, reaching a high of 0.90213 before retreating today. The decline extended toward the November high of 0.89569, where buyers provided...
  11. Crax Bot

    RSS The technicals for the 3-major currency pairs - EURUSD, USDJPY and GBPUSD

    In the video above, I go through the technicals that are guiding the 3-major currency pairs today - the EURUSD, USDJPY and GBPUSD - after the Fed, BOJ and BOE all announced interest rate decisions. This article was written by Greg Michalowski at www.forexlive.com.
  12. Crax Bot

    RSS Russell 2000 Technical Analysis

    Fundamental Overview The Russell 2000 yesterday sold off aggressively following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the selloff might have been an...
  13. Crax Bot

    RSS Nasdaq Technical Analysis – The dip-buyers enter the market at a key support

    Fundamental Overview The Nasdaq yesterday sold off aggressively following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the selloff might have been an overreaction...
  14. Crax Bot

    RSS S&P 500 Technical Analysis – Was that an overreaction?

    Fundamental Overview The S&P 500 yesterday sold off aggressively following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the selloff might have been an overreaction...
  15. Crax Bot

    RSS Gold Technical Analysis – The bulls held the line

    Fundamental Overview Gold dropped briefly below a key support yesterday following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the market’s reaction might have been an...
  16. Crax Bot

    RSS US stocks falling sharply with the S&P and the Nasdaq now down over 1%

    The major stock indices are moving to new lows as the Fed Chair says the call was a closer call with risk two-sided. That helped to push the USD higher as well. The Dow is donw -0.83% while the S&p and the Nasdaq are down over 1% The S&P is currently down -1.04% and the Nasdaq is down -1.16%...
  17. Crax Bot

    RSS GBPUSD moves below swing area between 1.26598 and 1.2670

    The GBPUSD moved lower - USD higher - on the Fed decision and in the process move below a swing area between 1.26598 and 1.2670. The 100 hour moving average at 1.26736 was also broken. That area is now topside resistance. Staying below is more bearish. On the downside, the next target area...
  18. Crax Bot

    RSS EURUSD moves lower on the more hawkish Fed cut

    The EURUSD moved down to test the 50% of the range since 2022. The price moved below that midpoint earlier on November on the way to the low at 1.0332 (the lowest level since November 29, 2022. A move below the 50% will have traders looking toward a swing area between 1.0348 and 1.03657. Below...
  19. Crax Bot

    RSS EURUSD sellers pushes to the downside ahead of the FOMC rate decision

    The EURUSD is moving to a new low on the day and in the process is moving away from the 200 hour MA and the 100 bar MA on the 4 hour chart. Those MAs come in at 1.0514 and 1.0522 respectively. Into the FOMC rate decision and moving above that area is needed to increas the bullish bias. If so...
  20. Crax Bot

    RSS AUDUSD sellers are pushing to new lows after a support floor is broken. What next?

    Earlier today in the Asian session the low of a swing area floor going back to the end of 2023 was broken at the 0.6334. That break, turned buyers to sellers and the price has continued that fall in the US session today. The swing area starting at 0.6334 up to 0.6363 is now close risk. Staying...
  21. Crax Bot

    RSS USDCAD trades to new 2020 high but backs off. What tilts the bias back to the downside?

    The USD/CAD reached a new 2024 high, climbing to its highest level since March 2020. The key upside target from that period is 1.4348, with today’s high coming just shy at 1.4331. A sustained move above 1.4348 would signal further bullish momentum, solidifying buyers' control and extending the...
  22. Crax Bot

    RSS The USDCHF buyers are in control.What is needed in the ST to give the sellers some control

    The USD/CHF reached its highest level since July this week but fell short of the key resistance zone on the daily chart, located between 0.8986 and 0.90178. This area remains a critical topside target, and a break above it would open the door for further upside momentum. Buyers will be eyeing...
  23. Crax Bot

    RSS Copper Technical Analysis – The first attempt at the resistance failed

    Fundamental Overview Copper recently got a boost from the Chinese Politburo announcement that it will adopt a “moderately loose” strategy for monetary policy for 2025 and will seek a “more proactive” fiscal policy. These were key changes in the language that triggered a rally in Chinese stocks...
  24. Crax Bot

    RSS Crude Oil Technical Analysis – We remain stuck in a range

    Fundamental Overview The fundamentals in the crude oil market haven’t changed much. The price action remains confined in a range between the 72.00 resistance and the 67.00 support as the market continues to weigh the future scenarios. On one hand, we have the Trump’s victory which might be...
  25. Crax Bot

    RSS TSLA stock price prediction by AI

    Tesla (TSLA) Stock Analysis: Key Levels and AI-Assisted Price Prediction 🚀 Current Overview Tesla (TSLA) stock is showing retracement strength in pre-market after initial sell-side pressure, with price approaching today’s VWAP at $468.74. While price is attempting to recover, the overall bias...
  26. Crax Bot

    RSS Bitcoin Technical Analysis – Watch these risks for further upside

    Fundamental Overview Bitcoin is now up more than 50% since the election day as the bullish momentum in the cryptocurrency exploded following Trump’s victory. This shouldn’t be surprising given that Trump vowed to make the US the crypto capital of the planet. Another bullish driver has been the...
  27. Crax Bot

    RSS NZDUSD Technical Analysis – Awaiting the FOMC decision

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new highs. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  28. Crax Bot

    RSS USDJPY Technical Analysis – All eyes on the FOMC decision

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new highs. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  29. Crax Bot

    RSS GBPUSD breaks above some key MAs but not the 200 bar MA on the 4-hour chart.

    In The GBPUSD started the NY session on a positive note, trading above both the 100-hour moving average (MA) and the 100-bar MA on the 4-hour chart (blue lines outlined on the price above). US Morning Session: The price initially dipped but found support near the converging 100-bar MAs (hour...
  30. Crax Bot

    RSS The AUDUSD and NZDUSD sellers remain in control. Test support targets

    Both the AUDUSD and the NZDUSD are trading lower and in the process testing key support targets. The video above goes through the technicals driving the pairs. Below are the key technical points outlined in the video for each pair. AUDUSD Technical Analysis:The AUDUSD is retesting a key support...
  31. Crax Bot

    RSS Nvidia stock price prediction, AI supported

    Updated Perspective for NVDA Stock Holders and Potential Buyers. Recent order flow data of NVDA stock suggests that the selling pressure has been more dominant than buying over the last sequence of bars. While there have been occasional positive deltas—indicating brief periods where buyers...
  32. Crax Bot

    RSS USDCAD is racing higher as the sellers fail, and the buyers continue to trend higher

    The USDCAD is breaking to new session highs, moving further away from the mid-April 2020 high at 1.4265 and approaching the early April 2020 peak at 1.4348. Buyers have maintained control since the pair bottomed at 1.3423 during the week of September 21, rallying nearly 900 pips since then...
  33. Crax Bot

    RSS Nvidia trades above and below 100 day MA. Key level at $128.06.

    US major indices are lower with the Dow down for the 9th consecutive day. The Nasdaq closed at a record level yesterday but with no help from Nvidia which is now in correction mode after falling more than 10% from its all-time high reached on November 21 at $157.89. The Nvidia price gapped...
  34. Crax Bot

    RSS Kickstart the FX trading day with a technical look at the EURUSD, USDJPY and GBPUSD

    The DZY index is trading up 0.9% in early US trading with mixed results. Versus the major currencies: EUR up 0.12% JPY down -0.21% GBP down -0.17% CHF up 0.29% CAD up 0.37% AUD up 0.46% NZD of 0.40% Below is a technical look to kickstart the trading day with a technical look at the EURUSD...
  35. Crax Bot

    RSS AUDUSD Technical Analysis – The greenback remains supported into the FOMC

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  36. Crax Bot

    RSS USDCAD Technical Analysis – A look at the chart ahead of the Canadian CPI

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  37. Crax Bot

    RSS GBPUSD Technical Analysis – FOMC and BoE in focus

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  38. Crax Bot

    RSS EURUSD Technical Analysis – Eyes on the FOMC decision

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it’s been having the upper hand. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  39. Crax Bot

    RSS Gold Technical Analysis – The rise in real yields is weighing on the market

    Fundamental Overview Gold dropped back inside the previous range following some hotter than expected US inflation figures. In the bigger picture, the market’s pricing remains largely unchanged around three rate cuts by the end of 2025 but the rise in real yields is weighing on the market due...
  40. Crax Bot

    RSS The USDCAD briefly trades above April 2020 high at 1.4264 but reverses

    The USDCAD has moved lower after failing to sustain a break higher earlier today. Technically, the pair briefly pushed above the April 19, 2020 high at 1.4264, reaching a session high of 1.4270, but momentum quickly faded. The price rotated back below last week’s high at 1.4244 (Friday) and...
  41. Crax Bot

    RSS NZDUSD buyers try to shift the short term bias higher. What next?

    THe NZDUSD has seen up and down and up again price action today. The most recent move higher has seen the pair extend back above the high of a swing area floor on the daily chart at 0.5772 and also briefly above the 100-hour MA at 0.5780. Buyers are trying to make a play BUT they need to get...
  42. Crax Bot

    RSS GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside

    The GBP/USD and EUR/USD are both trading higher on the day, with GBP/USD outperforming. The GBP/USD is currently up by 0.52%, trading at 1.2618 after testing a low of 1.2615 earlier. Meanwhile, the EUR/USD is up by just 0.05%, recovering from its low of 1.0475 and currently trading at 1.0510...
  43. Deadpool

    XAUUSD Minute Impulse - Forex

    On the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to...
  44. Crax Bot

    RSS AUDUSD sellers remain in firm control.What would turn that sellers control around?

    Summary 📉 AUD/USD Support and Resistance Levels: The AUDUSD pair retested key support levels between 0.6334 and 0.6363 last week and bounced. Today, the price returned to that area on the daily chart. If the price can break below the low of that swing area, it opens the door for more selling...
  45. Crax Bot

    RSS USDCAD stretches higher and is testing a swing high target from 2020

    The USDCAD is pushing higher, testing levels not seen since April 2020 at 1.4264. A break above this key resistance would open the door to the next target near the March 8, 2020 high at 1.4348. Since late September, the USDCAD has been trending steadily upward, starting from around 1.3425—a...
  46. Crax Bot

    RSS A technical look at the major 3 indices to start the new trading week

    As the North American session begins, the US futures for the US stock indices are trading higher after a mixed result last week. US yields are starting lower by about 2 to 3 basis points after 10 year yields moved up by 25 basis points last week. The USD is mixed to start the new week with the...
  47. Crax Bot

    RSS USDCHF Technical Analysis – SNB’s larger cut weighs on the CHF

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new highs. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  48. Crax Bot

    RSS USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher

    Fundamental Overview The USD continues to consolidate around the highs except against the commodity currencies where it extended into new highs. The US inflation data last week was once again a disappointment although the data that feeds into the Core PCE was overall benign as forecasters...
  49. EarlHickey

    Finance & Investing The Only Forex Trading Course You Need To Make Miillions

    Link: *** Hidden text: You do not have sufficient rights to view the hidden text. Visit the forum thread! ***
  50. Crax Bot

    RSS What are the key technical levels in play for the major currency pairs next week

    What are the technical levels in play for the major currency pairs vs the USD? EURUSD: USDJPY: GBPUSD: USDCHF: USDCAD: AUDUSD: NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.
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