USDJPY Analysis – May 14, 2023
USDJPY is currently facing a key resistance level at 137.90, and traders are closely watching to see whether the currency pair will be able to break above this level. If USDJPY manages to break through 137.90, it...
Month: May 2023
AUDUSD Analysis – May 14, 2023
The AUDUSD currency pair has been forming a sideways consolidation pattern for the long-term downtrend from the February 2021 high. As the pair remains below the falling trend line on the weekly chart, the downside movement is...
GBPUSD Analysis – May 14, 2023
GBPUSD is currently trading near a critical support level, the rising trend line on the weekly chart. The pair has been in a long-term uptrend since hitting a low of 1.0352 in September 2022. As long as...
EURUSD Analysis – May 14, 2023
The EURUSD currency pair has been trading in a long-term uptrend since September 2022, with several minor corrections along the way. Currently, the pair is facing a critical support level at the rising trend line on the...
Options And Futures Analysis For May 15-19, 2023
✅ We offer you current trading ideas from important option levels on the major assets of the Forex market/CME Group. See the video overview for more details. 📈 The review provides a breakdown of the assets relevant...
USDCAD Analysis – May 11, 2023
USDCAD is currently facing resistance from the falling price channel on the 4-hour chart. As long as the channel resistance holds, the downtrend from the high of 1.3667 may be expected to resume, and the pair could...
USDJPY Analysis – May 11, 2023
The USD/JPY pair has broken below the rising trend line on the 4-hour chart, indicating a potential further decline towards the support level at 133.49. A break below this level would confirm that the upside movement from...
AUDUSD Analysis – May 11, 2023
The AUDUSD currency pair has been in an uptrend since Apr 28, but recent price action has shown signs of weakness. After touching resistance at 0.6805, the pair pulled back from 0.6817 and broke below the rising...
GBPUSD Analysis – May 11, 2023
GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside movement towards the rising trend line on the 4-hour chart, currently near...
EURUSD Analysis – May 11, 2023
EURUSD is currently testing a key support level at 1.0909. This level is crucial for the pair as a breakdown below this level would indicate that the uptrend from the March low of 1.0515 has completed at...