Forexlive | Forex Technical Analysis Live Updates (2024)

Table of Contents
GBPUSD reaches 200 bar MA on 4-hour chart and swing area and backs off GBPUSD reaches 200 bar MA on 4-hour chart and swing area and backs off Crude oil settles at $83.47 Crude oil settles at $83.47 USDJPY moves to new 2024 high and trades at highest level since November 16 USDJPY moves to new 2024 high and trades at highest level since November 16 Thetanuts Finance Launches Leveraged LRT Strategy Vault Thetanuts Finance Launches Leveraged LRT Strategy Vault The EURUSD continued its run to the upside in the US morning session, but stalled The EURUSD continued its run to the upside in the US morning session, but stalled USDJPY extends to a new high. Moves toward the swing highs from 2024 USDJPY extends to a new high. Moves toward the swing highs from 2024 The AUDUSD falls with the overall USD buying today but is seeing a bounce higher The AUDUSD falls with the overall USD buying today but is seeing a bounce higher USDCHF trades to a new 2024 high today, but can not sustain momentum. What next? USDCHF trades to a new 2024 high today, but can not sustain momentum. What next? Jansen Huang interview on CNBC fails to kickstart the stock. Technicals tilt lower in ST. Jansen Huang interview on CNBC fails to kickstart the stock. Technicals tilt lower in ST. USDCAD runs higher with the USD and also helped by weaker CPI data out of Canada today. USDCAD runs higher with the USD and also helped by weaker CPI data out of Canada today. Influence of social networks on financial markets Influence of social networks on financial markets Kickstart your FX trading for March 19 w/a technical look at the EURUSD, USDJPY and GBPUSD Kickstart your FX trading for March 19 w/a technical look at the EURUSD, USDJPY and GBPUSD Nasdaq Composite Technical Analysis Nasdaq Composite Technical Analysis The USD is the strongest and the JPY is the weakest as the NA session begins The USD is the strongest and the JPY is the weakest as the NA session begins AUDUSD Technical Analysis AUDUSD Technical Analysis Bitcoin technical analysis and price forecast for today Bitcoin technical analysis and price forecast for today USDCAD Technical Analysis - Key levels in play USDCAD Technical Analysis - Key levels in play Script or Solidity — Comparing Smart Contract Capabilities in BTC and ETH Script or Solidity — Comparing Smart Contract Capabilities in BTC and ETH EURUSD Technical Analysis EURUSD Technical Analysis USDJPY Technical Analysis USDJPY Technical Analysis GBPUSD Technical Analysis - We are at a key support zone GBPUSD Technical Analysis - We are at a key support zone USDCHF surges past month average range. Buyers taking more control. USDCHF surges past month average range. Buyers taking more control. New low for the day for the EURUSD New low for the day for the EURUSD DJI technical analysis - bulls are fine, as long as they are above 38800 DJI technical analysis - bulls are fine, as long as they are above 38800 How to Get Ready for the Bull Market How to Get Ready for the Bull Market FAQs

GBPUSD reaches 200 bar MA on 4-hour chart and swing area and backs off

GBPUSD reaches 200 bar MA on 4-hour chart and swing area and backs off

  • GBPUSD completes its down and up lap today

Greg Michalowski

Tuesday, 19/03/2024 | 19:48 GMT-0

19/03/2024 | 19:48 GMT-0

Crude oil settles at $83.47

Crude oil settles at $83.47

  • Up $0.75 or 0.91%

Greg Michalowski

Tuesday, 19/03/2024 | 18:54 GMT-0

19/03/2024 | 18:54 GMT-0

USDJPY moves to new 2024 high and trades at highest level since November 16

USDJPY moves to new 2024 high and trades at highest level since November 16

  • Extends above the 2024 high price at 150.88

Greg Michalowski

Tuesday, 19/03/2024 | 18:45 GMT-0

19/03/2024 | 18:45 GMT-0

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Thetanuts Finance Launches Leveraged LRT Strategy Vault

Thetanuts Finance Launches Leveraged LRT Strategy Vault

  • The new vault helps enable further composability with Pendle’s PT-eETH.

Thetanuts

Friday, 15/03/2024 | 10:23 GMT-0

15/03/2024 | 10:23 GMT-0

The EURUSD continued its run to the upside in the US morning session, but stalled

The EURUSD continued its run to the upside in the US morning session, but stalled

  • The resistance target at 1.08656 stalled the rally in the EURUSD

Greg Michalowski

Tuesday, 19/03/2024 | 16:26 GMT-0

19/03/2024 | 16:26 GMT-0

USDJPY extends to a new high. Moves toward the swing highs from 2024

USDJPY extends to a new high. Moves toward the swing highs from 2024

  • The swing highs from 2024 reached between 150.71 and 150.88

Greg Michalowski

Tuesday, 19/03/2024 | 15:42 GMT-0

19/03/2024 | 15:42 GMT-0

The AUDUSD falls with the overall USD buying today but is seeing a bounce higher

The AUDUSD falls with the overall USD buying today but is seeing a bounce higher

  • What levels are in play now? Has the bias shifted?

Greg Michalowski

Tuesday, 19/03/2024 | 15:16 GMT-0

19/03/2024 | 15:16 GMT-0

ADVERTIsem*nT - CONTINUE READING BELOW

USDCHF trades to a new 2024 high today, but can not sustain momentum. What next?

USDCHF trades to a new 2024 high today, but can not sustain momentum. What next?

  • The low today stalls near prior swing level at 0.8865

Greg Michalowski

Tuesday, 19/03/2024 | 14:36 GMT-0

19/03/2024 | 14:36 GMT-0

Jansen Huang interview on CNBC fails to kickstart the stock. Technicals tilt lower in ST.

Jansen Huang interview on CNBC fails to kickstart the stock. Technicals tilt lower in ST.

  • At least for now...

Greg Michalowski

Tuesday, 19/03/2024 | 14:27 GMT-0

19/03/2024 | 14:27 GMT-0

The EURUSD continued its run to the upside in the US morning session, but stalled

USDCAD runs higher with the USD and also helped by weaker CPI data out of Canada today.

USDCAD runs higher with the USD and also helped by weaker CPI data out of Canada today.

  • The price of the USDCAD has moved up to a swing area between 1.36049 and 1.36269

Greg Michalowski

Tuesday, 19/03/2024 | 13:40 GMT-0

19/03/2024 | 13:40 GMT-0

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Influence of social networks on financial markets

Influence of social networks on financial markets

  • Today, everyone can instantly interact with a lot of people via social media.

Octa

Friday, 15/03/2024 | 10:16 GMT-0

15/03/2024 | 10:16 GMT-0

Kickstart your FX trading for March 19 w/a technical look at the EURUSD, USDJPY and GBPUSD

Kickstart your FX trading for March 19 w/a technical look at the EURUSD, USDJPY and GBPUSD

  • The USD is higher but the 3 major currency pairs have reached target levels and is seeing some stall. What next?

Greg Michalowski

Tuesday, 19/03/2024 | 13:13 GMT-0

19/03/2024 | 13:13 GMT-0

Nasdaq Composite Technical Analysis

Nasdaq Composite Technical Analysis

  • The Nasdaq Composite rejects once again the 16206 resistance. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 13:05 GMT-0

19/03/2024 | 13:05 GMT-0

The USD is the strongest and the JPY is the weakest as the NA session begins

The USD is the strongest and the JPY is the weakest as the NA session begins

  • The BOJ starts to pull back accomodation. RBA keeps rates unchanged

Greg Michalowski

Tuesday, 19/03/2024 | 12:18 GMT-0

19/03/2024 | 12:18 GMT-0

ADVERTIsem*nT - CONTINUE READING BELOW

AUDUSD Technical Analysis

AUDUSD Technical Analysis

  • The AUDUSD pair is back at the key support zone. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 12:03 GMT-0

19/03/2024 | 12:03 GMT-0

Bitcoin technical analysis and price forecast for today

Bitcoin technical analysis and price forecast for today

  • Discover the pivotal $61k-$62k support for Bitcoin's next move in today's price forecast. Stay informed for potential market shifts and trading opportunities. Always trade at your own risk only.

Itai Levitan

Tuesday, 19/03/2024 | 11:08 GMT-0

19/03/2024 | 11:08 GMT-0

USDCAD Technical Analysis - Key levels in play

USDCAD Technical Analysis - Key levels in play

  • The USDCAD pair breaks a key level and extends the rally to new highs. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 11:01 GMT-0

19/03/2024 | 11:01 GMT-0

Sponsored

Script or Solidity — Comparing Smart Contract Capabilities in BTC and ETH

Script or Solidity — Comparing Smart Contract Capabilities in BTC and ETH

  • Let's compare the smart contract capabilities in BTC and ETH by looking at their respective languages.

Godex.io

Tuesday, 12/03/2024 | 09:30 GMT-0

12/03/2024 | 09:30 GMT-0

EURUSD Technical Analysis

EURUSD Technical Analysis

  • The EURUSD pair breaks a key trendline. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 09:22 GMT-0

19/03/2024 | 09:22 GMT-0

USDJPY Technical Analysis

USDJPY Technical Analysis

  • The USDJPY pair rose back above the 150 handle as the market started to focus on a hawkish Fed and “sold the fact” on the BoJ hike. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 08:11 GMT-0

19/03/2024 | 08:11 GMT-0

GBPUSD Technical Analysis - We are at a key support zone

GBPUSD Technical Analysis - We are at a key support zone

  • The GBPUSD pair is at a key support zone. What’s next?

FL Contributors

Tuesday, 19/03/2024 | 06:56 GMT-0

19/03/2024 | 06:56 GMT-0

ADVERTIsem*nT - CONTINUE READING BELOW

USDCHF surges past month average range. Buyers taking more control.

USDCHF surges past month average range. Buyers taking more control.

  • Range is now above the 1 month average

Greg Michalowski

Monday, 18/03/2024 | 16:46 GMT-0

18/03/2024 | 16:46 GMT-0

New low for the day for the EURUSD

New low for the day for the EURUSD

  • New low reached at 1.0877

Greg Michalowski

Monday, 18/03/2024 | 16:17 GMT-0

18/03/2024 | 16:17 GMT-0

DJI technical analysis - bulls are fine, as long as they are above 38800

DJI technical analysis - bulls are fine, as long as they are above 38800

  • Discover the recent battle between bulls and bears on the DJI index, with key resistance, support levels, and potential movements outlined. Critical price levels for bulls and bears highlighted, providing actionable insights for Dow Jones investors and traders.

Itai Levitan

Monday, 18/03/2024 | 16:07 GMT-0

18/03/2024 | 16:07 GMT-0

Sponsored

How to Get Ready for the Bull Market

How to Get Ready for the Bull Market

  • Bull crypto markets offer excellent profit opportunities. But they come with significant risks.

LetsExchange

Tuesday, 12/03/2024 | 09:18 GMT-0

12/03/2024 | 09:18 GMT-0

Forexlive | Forex Technical Analysis Live Updates (2024)

FAQs

What is the best site to check technical analysis? ›

TradingView

TradingView is a favorite among technical analysts. It offers powerful charting capabilities with over 100 technical indicators. You can analyze stocks using unlimited custom indicators, publish your analysis, follow other top-performing traders, and much more.

What is the best forex news site? ›

Top 25 Forex News Websites
  • Forexlive.
  • ForexNews.PRO.
  • LeapRate.
  • DailyFX.
  • Forex Crunch.
  • Investing.com - Forex News.
  • FinanceBrokerage.
  • Action Forex.

How to get good at technical analysis? ›

The best way to learn technical analysis is to gain a solid understanding of the core principles and then apply that knowledge via backtesting or paper trading. Thanks to the technology available today, many brokers and websites offer electronic platforms that offer simulated trading that resemble live markets.

How to understand technical analysis in forex trading? ›

Technical analysts will study charts and other data, looking at things such as recent price movements, high-volume areas (indicating interest from many investors), levels of support and resistance, and technical indicators (such as moving averages) to help forecast future price movements.

What technical indicator is the most reliable? ›

However, if you'd like to get started with technical trading, here are five of the best indicators you can start with.
  • The Simple Moving Average. A simple moving average (SMA) is exactly what it sounds like. ...
  • Bollinger Bands. ...
  • 52-Week High/Low. ...
  • P/E Ratio. ...
  • Parabolic Stop-And-Reverse.
Mar 8, 2024

Is technical analysis always correct? ›

Final Takeaway on technical analysis

There are traders who have been successful through it, and there are those who didn't. It is a largely subjective experience that some might find the methods in this form of analysis is ideal for them and how they choose to form their investment strategy.

Who gives the best forex signals in the world? ›

Best Forex Signals Providers Reviewed
  • 1000pip Builder is currently the top forex signal in the market. ...
  • ForeSignal.com is one of the best options if you want free forex signals. ...
  • MQL5 is an online marketplace backed by MetaTrader 5 (MT5). ...
  • Pips Alert is a popular forex signals provider that also trades commodities.
Feb 29, 2024

How do I master technical analysis? ›

How to learn technical analysis
  1. Learn the basics. Before you use technical analysis to make informed trading decisions, it's important to understand fundamentals of this discipline and its core concepts. ...
  2. Practice your skills in a controlled environment. ...
  3. Apply your training to real trades. ...
  4. Continue your education.
Feb 3, 2023

Do day traders use technical analysis? ›

Day traders typically use a combination of strategies and analysis, including technical analysis, which focuses on past price movements and trading patterns, and momentum, which involves capitalizing on short-term trends and reversals.

How to learn technical analysis fast? ›

Follow these steps if you want to know how to learn technical analysis:
  1. Understand the basics. ...
  2. Choose securities to trade. ...
  3. Select a brokerage. ...
  4. Choose the right underlying assets to trade. ...
  5. Determine the chart time frame. ...
  6. Learn the common chart patterns. ...
  7. Learn important trading indicators. ...
  8. Practise trading.
Jan 11, 2024

What is the best time frame for technical analysis in forex? ›

As a general rule, traders use a ratio of 1:4 or 1:6 when performing multiple timeframe analysis, where a four- or six-hour chart is used as the longer timeframe, and a one-hour chart is used as the lower timeframe.

Which analysis is best for forex trading? ›

Fundamental analysis is often used to analyze changes in the forex market by monitoring figures such as interest rates, unemployment rates, gross domestic product (GDP), and other economic data that come out of countries.

What is the best method of analysis for forex trading? ›

Traders in the foreign exchange market (forex) rely on the same two basic forms of analysis that are used in the stock market: fundamental analysis and technical analysis. The uses of technical analysis in forex are much the same: the price is assumed to reflect all news, and the charts are the objects of analysis.

Where can I do technical analysis for free? ›

8 Best + Free Technical Analysis – Stock Markets Courses, Training, and Classes Online [2024 April] [UPDATED]
  • Technical Analysis Courses (Includes Free Courses) (Udemy)
  • Stock Market Trading: The Complete Technical Analysis Course (Udemy)
  • Stock Trading With Technical Analysis, Trading Strategies Course (Udemy)

Is TradingView technical analysis good? ›

TradingView is the best charting platform on the market. It's fast, powerful, reliable, and extremely easy to use. That's why it's used by more than 50 million traders worldwide.

What app to use for technical analysis? ›

Finviz. Finviz is a popular free stock screener app with a focus on technical analysis and visualizations. Traders use Finviz to scan for chart patterns, technical events, identify overbought/oversold stocks etc. Its decision-making maps and charts condense complex data into easily digestible formats.

Which technical analysis is most used? ›

What are the best technical analysis indicators for day traders? The best technical indicators for day trading are the RSI, Williams Percent Range, and MACD. These measurements show overbought and oversold levels on a chart and can help predict where a price is likely to go next, based on past performance.

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