Technical Analysis
Evaluate price trends and patterns, identify potential investments and trading opportunities!
EURUSD: Bullish Momentum Holds as Key Technical Patterns Signal Uptrend Continuation
EURUSD has maintained a steady uptrend over the past three trading days, with price fluctuations predominantly between 1.1840 and 1.1890, closing yesterday at 1.18612. Market sentiment is underpinned by Eurozone economic stability and US CPI…
USDJPY: Key Support and Resistance Levels with Crucial Technical Pattern Insights
USDJPY experienced significant volatility near the 153.00 mark over the last three trading days, closing at 153.156 yesterday. The pair's movement was driven by rising Bank of Japan rate hike expectations and the looming US…
EURUSD Technical & Fundamental Analysis: Eyes on Eurozone GDP and US CPI Impact
Over the past three trading days, EURUSD has remained steady, trading around the 1.1870 level and closing yesterday at 1.18722. The US Dollar Index pulled back as initial jobless claims exceeded expectations, allowing the Euro…
USDCAD: USD Strength Breaks Key 1.3600 Resistance on Strong US Jobs Data
USDCAD has shown a mild upward trend over the past three trading days, closing yesterday at 1.3583. The recent robust US Non-Farm Payrolls data have boosted the US Dollar, putting pressure on the Canadian Dollar…
GBPUSD Breaks Above 1.3800 Amid USD Pullback: Key Technical Patterns and Trading Outlook
Over the past three trading days, GBPUSD experienced notable volatility, closing yesterday at 1.36592 with a mild gain. The U.S. dollar weakened following disappointing retail sales data and China's directive for banks to reduce U.S.…
USDJPY Technical Analysis: Range-Bound Near 154 Support Ahead of US NFP
Over the past three trading days, USDJPY has remained under pressure, consolidating near the 154 major support level, closing yesterday around 153.61 with a 0.5% decline. Market attention centers on the upcoming US Non-Farm Payroll…
USDCAD: Dollar Faces Headwinds as Support Nears 1.3550 Key Technical Level
Over the past three trading days, USDCAD has experienced volatility primarily driven by a weakening USD and supportive inflows into the Canadian dollar, trading close to yesterday’s close at 1.35557. News that China is reducing…
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