The EUR/USD pair has failed to break below the crucial support level at 1.0945 and is now facing resistance at 1.1047. This price action suggests a potential consolidation phase before the next move. Key Levels to Watch...
The AUD/USD pair is currently moving within a rising price channel on the 4-hour chart, indicating that the uptrend from 0.6349 remains intact. The recent pullback from 0.6642 appears to be a consolidation phase for this upward movement. Current Market Dynamics...
The EUR/USD pair has recently broken above the resistance level of 1.1008, extending its upward movement from 1.0777 to a high of 1.1047. Following this rise, a pullback from 1.1047 suggests that the market is now consolidating, setting the stage for...
The USD/JPY pair has been trading sideways within a range of 145.42 and 148.22 for several days. This consolidation phase presents important trading opportunities as we look ahead. Current Market Dynamics As long as the support level at 145.42 holds, this sideways movement...
The USD/CAD pair has experienced a significant decline, dropping sharply from 1.3946 to as low as 1.3703. This movement raises important questions about the pair’s future direction and potential trading opportunities. Current Market Dynamics As long as...
The GBP/USD pair has recently broken above the resistance level at 1.2839, extending its upward movement from 1.2664 to a high of 1.2872. This bullish trend suggests that further gains could be on the horizon. Key Levels...
The EUR/USD pair has recently broken above the resistance level at 1.0945 and is now approaching the next key resistance at 1.1008. This upward movement signals a potential continuation of the bullish trend that began from the...
Gold (XAU/USD) is currently facing a significant resistance level at 2484. A breakout above this level could indicate a resumption of the uptrend that began from the low of 1810 on October 6, 2023. If this happens,...
On Monday, August 12th, the USD/JPY pair briefly surged above the 148 level before experiencing a pullback. Recent data from the Commodity Futures Trading Commission and the London Stock Exchange Group revealed that leveraged funds have reduced...
The GBP/USD pair has recently broken above the falling trend line on the 4-hour chart, indicating that the downward movement from 1.3044 may have completed at 1.2664. This development suggests a potential rally in the coming days....
