Technical analysis of the EURUSD pair The technical analysis on the 4-hour chart shows the price continuing to rise to the weekly resistance level of 1.0587. Today's trading was opened within the price channels shown on the chart, which represent...
USD/CAD As of today, USD/CAD is holding within a consolidation range, with support around 1.4300 and resistance near 1.4450. The pair has struggled to break out in either direction, but as long as 1.4260 holds, I see a chance for further upside. A...
GBP/ JPY Price Overlook On the GBP/JPY chart, the H4 time frame price is currently below the monthly pivot located at level 184.58. The price position below the monthly pivot indicates that bearish pressure is dominating the market. This condition...
NZD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of NZD/USD will remain in favor of sellers due to the incoming high-impact news events related to the US dollar. So, the traders should trade carefully and...
Forecast of Gold Looking at the Gold's H1 time frame chart, I could see that its price had dropped throughout the entire trading day, but it had been rising for the previous three hours, which is why the last candle on the H4 time frame chart...