GBPUSD hour chart Concentration areas, in which the price tries to exceed one of them before testing a pivotal support range extending from 1490 to 1462 To end the last falling movement Especially after losing momentum and weak downside pace in the last few candles
Negative pressure on USDJPY with the US dollar falling, and it appears that the Japanese Prime Minister's directive to the government to take steps to curb the excessive decline of the yen also had a role in adding support to the yen Strong pullback and negative momentum with a likely end to a correction with a top that tested a descending trendline...
The 1720/26 area formed a resistance as expected, with it gold rebounded yesterday before returning to it again with higher positive momentum In line with the moving average test EMA100 Optimism about gold's movements in the coming period, especially with the improvement in market sentiment and risk appetite The current range is still important to...
EURUSD It comes out of the last distribution zone after the European Central Bank's decision and the statements of Lagarde and Powell A current test for an important resistance area starting at 1.0096 Correction predictions around 0055 The outlook is positive while staying above (1.00) in the direction of 0200 .
The start of negative trading for the EURUSD this week, and its decline reaches its lowest levels since the end of 2002 Euro buyers are waiting for the ECB’s decision on Thursday and a current attempt to intervene to close the gap cannot be described as successful before testing the 9950 resistance
Waiting for today's data The dollar is very sensitive at the moment to any negative data Or, more precisely, the data is not positive enough on the chart Ascent obstacles increase the level We are waiting for strong momentum to compensate for the recent declines
NZDUSD hour chart 6110 test after a bounce from the bottom of the RSI divergence With the breakout, the odds of going up in the direction of 6135 and testing the uptrend line increase
EURNZD 4 hour chart Important observation area Testing a strong reversal zone as RSI momentum wanes Expectations of a direct drop, with a break of 1.6285 Or after a recent rise to the upper channel line before the break
The 9950 levels barrier still constitutes a long-term support for the EURUSD moves A bounce with a medium momentum that tends to positive, and a weaker rise pace than its bearish predecessor, and a return to test the parity 1.00 In the short term 1.0050 is an important level to watch And the test before expecting to see more upside
Gold continues to decline for the second consecutive trading day under pressure from the US dollar and bond yields A current bid to test $1,727.80 Important levels to watch 1734/36 that may constitute limits to the end of the current correction Especially with the Divergence formed by RSI
The pair is still in the monitoring phase and is waiting for the upcoming data between the two mentioned levels The breach of 135.57 depends on negative inflation data that brings back the bets of further tightening of the dollar While breaking the low of 134.35 is dependent on slowing inflation to put an expected end to the Fed's tightening Technically, the...
Standard & Poor's Index S&P500 1D It is trying to complete the wave of recovery from the bottom of the last 3636.8 in a wave that is close to 100% of the previous ascending from 4114.65 In line with 4170 . resistance test Higher momentum but slower pace and lower upside angle - increases the strength of the current resistance of the indicator 4170 important...
Bitcoin has been struggling with progress since its mid-June low The context of the movement with the rising tops and bottoms supports the bullish idea, especially with the positive momentum News spreads that the US is about to take an approach to digital asset regulation that may boost the crypto market in general, because regulation is currently the biggest...
USDJPY Analysis 4 hours Testing an important and strong resistance at 135.60 after the US dollar's recent jump And it seems that, like the rest of the major currencies, the CPI consumer price data is awaited with us next Wednesday to watch 135.56 134.35
GBPUSD receives qualitative support from 1.2030 levels after Friday's drop caused by US employment data And it regains part of its losses by returning above the pivotal 2080 range This is not enough to go up Today's close above 2125 indicates that the current selling pressure has calmed 2165 with positive momentum announces strong entry for buyers
Gold awaits US CPI data next Wednesday, which is expected to have a strong reaction. Annual index reading above 9% may return bets on further tightening of the US dollar, which renews downward pressure on gold Gold is receiving support from 1772.57 levels and is trying to compensate for part of Friday’s losses, and the momentum is still kind in the positive zone,...
It is not yet likely to see a further drop for gold Tensions between the United States and China over Taiwan, and fears of recession flirt with dollar sellers after its recent recovery, which was behind the current decline in gold I'm watching 1800 dollars
Canadian dollar USDCAD four hour chart The recent recovery in oil prices provided support for the Canadian dollar (CAD) on the one hand With the decline of the US dollar USD on the other hand It led the USDCAD pair to fall sharply in the direction of testing an important support area between 2843 and 2819 . levels