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Gbp/usd forecast: recovery attempts to face stiff resistance at 1.2650

The descending trend line coming from June 19 forms strong resistance at 1.2650. With a four-hour close...

June 30, 2023, 9:29 am

Gold price forecast: xau/usd bears keep control, focus on $1,885 and fed inflation gauge

Even if the XAU/USD rises past $1,945, a descending trend line from June 02, close to $1,952 at the lat...

June 29, 2023, 11:59 pm

Gbp/usd forecast: pound sterling closes in on important support

GBP/USD was last seen trading within a touching distance of 1.2700 (Fibonacci 23.6% retracement level of the latest uptrend, bottom of the ...

June 28, 2023, 10:14 am

Usd/cad price analysis: bears keep reins within one-week-old falling channel around 1.3150

USD/CAD portrays failed recovery from nine-month low, within weekly bearish channel. 200-HMA, fortnight-old de...

June 26, 2023, 7:44 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart demonstrates a bearish momentum, indicated by the price being below a major ...

June 26, 2023, 5:25 am

Gbp/usd price analysis: cable recovery approaches 1.2760 hurdle on us dollar’s retreat

Bearish MACD signals, descending trend line from June 16 guard immediate upside. The post GBP/USD Price...

June 26, 2023, 5:14 am

Usd/chf price analysis: stretches post-snb advances toward 0.8980 resistance confluence

USD/CHF picks up bids to refresh intraday high, extends post-SNB run-up amid downbeat market sentiment. Convergence of 50-SMA, fortnight-old ...

June 23, 2023, 2:59 am

Aud/usd price analysis: retreats from weekly hurdle near 0.6810 but downside appears limited

AUD/USD fades the previous day’s rebound from weekly low as descending trend line from Friday prod bu...

June 22, 2023, 2:44 am

Nzdusd retreats after hitting wall at descending trendline

NZDUSD appears to have found its feet around the 200-day simple moving average (SMA) following the pullback from the June top of 0.6246. But the fact ...

June 21, 2023, 4:00 pm

Technical outlook and review

DXY: The DXY (US Dollar Index) chart currently shows a bearish momentum, indicating a downward trend in price. Several factors contribute to this mome...

June 15, 2023, 5:13 am

Usd/cad price analysis: weekly bearish channel prods loonie pair buyers above 1.3300

USD/CAD picks up bids to extend the previous day’s rebound from 4.5-month low. Short-term descending ...

June 15, 2023, 1:59 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart currently shows a bearish momentum, indicating a downward trend in the market. Factors contributing to this momen...

June 14, 2023, 6:56 am

Gold technical: potential breakdown to resume short-term downtrend

Gold Technical: Potential Breakdown to Resume Short-Term Downtrend In the past 3 weeks, Gold (XAU/USD) has been evolving with a minor “...

June 13, 2023, 10:20 am

Daily forex news and watchlist: usd/cad

USD/CAD is stuck inside a descending triangle and looks ready to test support. Will it hold up during t...

June 13, 2023, 9:14 am

Gold technical: potential breakdown to resume short-term downtrend

In the past 3 weeks, Gold (XAU/USD) has been evolving with a minor “descending Triangle” with its r...

June 13, 2023, 8:19 am

A look at bitcoin, ethereum and dogecoin heading into the weekend, ahead of fed rate decision

Bitcoin and Ethereum have formed double and triple inside bar patterns, respectively. Dogecoin back tested a d...

June 10, 2023, 1:14 am

Aud/jpy technical: rallied to 6-month high

AUD/JPY has staged a bullish breakout from its major descending channel and traded back above its 200-d...

June 9, 2023, 8:47 am

Aud/jpy technical: rallied to 6-month high

AUD/JPY has staged a bullish breakout from its major descending channel and traded back above its 200-d...

June 9, 2023, 8:05 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart demonstrates a bearish momentum, supported by the fact that the price is currently below a significant ...

June 9, 2023, 7:30 am

Technical outlook and review

DXY: The DXY (Dollar Index) chart currently shows bearish momentum as the price is below a major descending...

June 7, 2023, 7:28 am


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