Technical analysis of EURGBP Today I chose EUR/GBP for technical analysis. The EUR/GBP market price fluctuates violently between the 0.8571 resistance level and the 0.8522 support level. If there is a large deficit in the market price, the current...
Projection for NZDUSD Even though the overall trend on the daily chart shows a downward direction, the price has been moving upward within a channel for the last few trading days. Inside this rising channel, the upper trend line sits above the...
Technical analysis of AUDUSD Today we will perform technical analysis on AUD/USD. AUD/USD is a major pair of the forex markets. The market is currently between our support and resistance levels. AUD/USD maintains a bearish trend and is currently...
EUR/USD 4-Hour Technical Analysis Support 1: 1.09194 Support 2: 1.08776 Resistance: 1.11448 Timeframe: 4-Hour Chart EUR/USD remains in a consolidation phase, hovering within a defined range as traders digest recent economic data and anticipate...
Silent Points abut USDCAD: On Friday, we observed a bullish concept that was strengthening the buyers, as the USA's Non-Farm Employment and Unemployment rates were quite good. The positive data from the US labor market boosted investor sentiment,...