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NZDUSD Outlook: Technical Indicators Suggest Ongoing Bullish Trend Solid ECN – The NZDUSD currency pair formed a long-wick candlestick pattern in Friday's trading session, which suggests a possible trend reversal from an uptrend to a downtrend. The technical indicators still signal a bull...

EURUSD Strategy: Bullish Channel and Fibonacci Support Insights Solid ECN—The EURUSD currency pair started the week slightly below Friday's closing price. At the time of writing, it is trading at about 1.094. While the technical indicators provide mixed signals, the pair remains within the...

Euro Hits New High Amid ECB Meeting Anticipation and Inflation Data Insights Solid ECN – The euro rose sharply to $1.085, reaching its highest point since February 1. This spike was due to investors focusing on the European Central Bank's (ECB) next meeting about monetary policy later this...

AUDUSD Momentum: Indicators Point Towards Continued Uptrend The Awesome Oscillator shows optimistic signs of a trend reversal, having flipped above the signal line. Additionally, the RSI hovers above 50, another cue for continuing the uptick momentum from 0.6476. This minor area supports the...

RSI Indicator Predicts GBPUSD Bullish Trend Continuation Solid ECN – The GBPUSD currency pair has climbed above 1.2709, exceeding the 61.8% Fibonacci resistance level. RSI and Awesome Oscillator support this rise, which suggests continuing the trend. The RSI has room to reach the 70 level...

EURUSD Bulls Eyeing 1.0865 Resistance for Continued Uptrend The EURUSD currency pair is stabilizing itself outside the previously broken bearish channel. Currently, the pair trades slightly below the 38.2% Fibonacci resistance level, around 1.086. For the uptrend to continue, the bulls must...

AUDUSD Experiences Pullback from Fibonacci Level Solid ECN – The Australian dollar has crossed below the 0.648 resistance level against the U.S. Dollar. The pair bounced from the 78.6% Fibonacci support level and is trading at approximately 0.648 at the time of writing. Upon examining the...

EURUSD Analysis: A Close Look at Key Fibonacci Levels Solid ECN – The EURUSD is trading around 1.0856, slightly below the 38.2% Fibonacci retracement level. Interestingly, the bulls have managed to break above the bearish channel. However, Euro buyers must overcome the 1.0865 barrier for the...

Gold Price Analysis: Potential Bullish Breakout Solid ECN – The yellow metal is testing the $2,037 mark. What distinguishes this resistance area is its conjunction with the 61.8% Fibonacci level and the descending trendline, depicted in blue. Upon examining the price action, we observe that...

AUDUSD Analysis: Breaking Bullish Trends and Testing Fibo Level Solid ECN – The U.S. dollar broke below the ascending bullish channel in yesterday's trading session against the Australian dollar. Interestingly, the pair tested the broken support, which now acts as resistance, specifically at...

Anticipated Rise of Pound Sterling: A Clear Signal from Technical Indicators As anticipated, the pound sterling has once again ascended from the resistance zone of the Ichimoku cloud, starting from 1.2621. Today, the technical indicators are providing a more distinct signal. With the RSI...

GBPJPY Navigates Bullish Patterns Amid Mixed Signals Solid ECN – The GBPJPY currency pair recently declined from the upper line of its bullish wedge pattern at the 191.0 mark. Subsequently, the pair tested the lower band and bounced back from 190.2, and it currently trades around 190.6. The...

U.S. Dollar Leads in Today's Market Against GBP Solid ECN – The U.S. Dollar is leading in today's trading against the pound sterling, with the GBPUSD pair trading around 1.263. The Ichimoku cloud supports this price area. From a technical standpoint, for the downtrend to continue, bears must...

EURUSD Analysis: Bearish Trend is Likely to Continue Solid ECN – The Euro trades around 1.082 against the U.S. Dollar in Wednesday's trading session, stabilizing itself below the broken ascending trendline, as illustrated in the 4-hour chart. This breakout could be interpreted as a temporary...

EURUSD Trading at 1.085 Amid Multiple Resistance Levels Solid ECN – The EURUSD currency pair trades around 1.085 today. Currently, the price is in conjunction with multiple resistance levels. These include the 38.2% Fibonacci support, the upper band of the bearish flag, and the rising...

USDJPY Pair Analysis: Bullish Channel and Ichimoku Cloud Solid ECN – The USDJPY pair is testing the lower band of the bullish channel, which coincides with the Ichimoku cloud. The 4-hour chart has formed a doji candlestick, which can be interpreted as a signal for the continuation of the bull...

GBPUSD Bullish Trend Faces Slowdown Solid ECN – The GBPUSD trades inside the bullish channel and above the 50 exponential moving average (EMA). This indicates that the primary trend is bullish. However, the awesome oscillator shows signs of a slowdown in the trend. From a technical...

Euro Faces Bearish Trends Against U.S. Dollar Solid ECN – The Euro trades around 1.083 against the U.S. Dollar in today's trading session, remaining within the bearish channel. Despite an upward jump in Friday's session, the bears quickly pushed the price back down, firmly within the channel...

Euro’s Struggle Against the U.S. Dollar Amid Fibonacci Resistance Solid ECN – The Euro is trading above the 38.2% Fibonacci resistance against the U.S. Dollar, which stands at 1.085. This level is clinging to the upper band of the bearish flag. Interestingly, the RSI indicator has stepped into...

USDCAD Tests Fibonacci Resistance Amid Bullish Wave The USDCAD pair is testing the 23.6% Fibonacci resistance at the 1.3529 mark, following the bullish wave that began on February 15th from the 1.3447 mark, which is the 61.8% Fibonacci support level. The 4-hour chart shows that the bulls have...