Short Term Forex Analysis
EURUSD Analysis: Bears Maintain Control as Pair Tests New Lows
The Euro continues to show weakness against the US Dollar, with recent price action suggesting more downside potential. Here’s what …EUR/USD Faces Channel Resistance Amid Consolidation
The EUR/USD currency pair is currently encountering a significant resistance level within a falling price channel on the 4-hour chart. …EUR/USD Update: Downward Trend Continues
The EUR/USD currency pair has been on a downward trajectory, recently dropping from 1.0936 to a low of 1.0550. This …EURUSD Update: Downside Move Extends as Support Breaks
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move …EUR/USD Update: Key Levels to Watch After Resistance Test
The EUR/USD currency pair has encountered some challenges recently, failing to break above the resistance level of 1.0831. This resistance …
Long Term Forex Analysis
US Dollar Breaks Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown …US Dollar Pullback Tests Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing …US Dollar Breaks Key Support Against Offshore Chinese Yuan
The USDCNH currency pair has broken below the 7.1713 key support level, suggesting that the recent upside move from the …USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The …EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The …
Special Focus
WTI Remains in a Downtrend: Key Levels to Watch
WTI crude oil continues to trade within a falling price channel on the 4-hour chart, signaling that the downtrend from …XAU/USD Analysis: Key Resistance at 2484
Gold (XAU/USD) is currently facing a significant resistance level at 2484. A breakout above this level could indicate a resumption …Gold Price Analysis: Key Levels and Potential Movements
On Wednesday, gold prices experienced some fluctuations, finding support above 2378 and facing resistance below 2407. This movement suggests that …Gold Price Analysis: Short-Term Downtrend with Potential for Rebound
Gold prices have recently shown some volatility, experiencing a dip while also finding support at key levels. Let’s take a …Gold Price Analysis: Short-Term Bearish Trend Likely to Continue
Last Friday’s gold price action provided valuable insights into its potential near-term direction. Let’s break down the key levels and …
Daily Forex Reports
Elliott Wave View: Bitcoin (BTCUSD) Has Reached Inflection Area
Short Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a …EURGBP Elliott Wave Analysis: Decline Forecast from Equal Legs Area
Hello, fellow traders. In this technical article, we’ll take a quick look at the Elliott Wave charts for the EURGBP …Uranium Miners ETF (URA) Correction Should Find Support
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally …IONQ Soon Should Be Entering Into Wave IV pullback
IONQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was …Broadcom (AVGO) Favors Bullish Sequence Towards $273
Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal …