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<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>The USDs move higher today, has also included a downward run in the NZDUSD. </p><p>As we head into the Asian-Pacific session, the pair is trading near session lows. It has also broken below the 38.2% retracement of the move up from the December low to the December high. That level comes in at 0.62595. </p><p>Getting

<p>The price of crude oil futures are settling at $70.38. That is down $-1.27 or -1.77%.</p><p>The high price for the day reached $73.64. The low price was up $70.06.</p><p>The low price December reached down to $67.71 on December 13. That was just ahead of another swing target area near $67.15. The low price for 2023

<p>The Nasdaq index is trading back down toward its lows for the day. The index is down -274 points or -1.80% at 14740.31. The low for the day reached 14723.75 today. </p><p>The fall is the largest decline since October 25. Since that fall, the index had been up for 9-consecutive weeks. </p><p>Technically, the rebound

<p>The USDCAD bounced off support near 1.3300 keeping the buyers in firm control. The bounce off that close support has the pair trading to a new session high.</p><p>In this video, I outline the price action and what needs to be done to keep the buyers in play and in more control including getting above the […]

<p>The sellers in the EURUSD today, took the price back to the midpoint of the range since the 2020 high at 1.0942 (the low reached 1.0940). The buyers leaned against that level and bounced the price modestly to 1.0967. Since then the price is trading up and down withing the 27 pips range. </p><p>Given the […]

<p>Head of the IMF Georgieava is on the wires saying:</p><ul><li>The Fed is definitely achieving a soft landing</li></ul><p>I don't know how you may feel, but the word "definitely" in terms of the economy or markets or most everything is somewhat worrying. We spent most of 2023 definitely wai

<p>The Atlanta Fed GDPNow estimate for Q4 growth fell to 2.0% from 2.3% prior. In their own words:</p><p>The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.0 percent on January 2, down from 2.3 percent on December 22. After recent releases from the US Census […

<p>The CHF was the strongest of the major currencies in 2023. Now that move was led by the CHFJPY which showed a 18.20% move, but the USDCHF also moved 8.94% in favor of the CHF (USD lower). </p><p>Today is a reversal of 2023 type of day. US stocks are lower especially the Nasdaq index which […]

<p>An earthquake with an intensity of the upper five's on Japan's earthquake scale of one – 78 hit Japan's Ishikawa Prefecture area</p><p>There was no tsunami warnings. The preliminary magnitude was 5.0.</p> This article was written by Greg Michalowski at www.forexlive.com.