Technical Analysis
Evaluate price trends and patterns, identify potential investments and trading opportunities!
GBPUSD: Two-Week Low Under Pressure From Dovish BoE and Strong USD – Key Support and Resistance Levels to Watch
Over the past three trading days, GBPUSD has trended downward, falling to a two-week low near 1.3500 due to dovish remarks from the Bank of England and strength in the US dollar. Yesterday's closing price…
USDJPY: Key 157 Resistance in Focus Amid Yen Weakness Ahead of Japan Election
Over the past three trading days, USDJPY has maintained a bullish tone, closing at 156.725 yesterday. Market sentiment has been driven by the upcoming Japanese election, which has placed the Yen under pressure as investors…
EURUSD Technical & Fundamental Analysis: ECB Rate Hold Drags Euro Lower, Key Support and Resistance to Watch
Over the past three trading sessions, EURUSD hovered near 1.17825 with moderate volatility but increasing downward pressure. The European Central Bank kept rates on hold in an uneventful policy meeting, while risk-off flows lifted the…
USDCAD Technical & Fundamental Analysis: Slowing Fed Rate Cut Pace Boosts USD/CAD Rally
Over the past three trading days, USDCAD moved steadily from around 1.3655 to close at 1.3683, driven by market expectations of a slower pace of Fed rate cuts, which supported the US dollar. Weak Canadian…
GBPUSD Technical Analysis: Holding Above 1.3700 Support Ahead of BOE Rate Decision
Over the past three trading days, GBPUSD has traded within a narrow range between 1.3683 and 1.3716, closing yesterday at 1.3716 with relative stability. Market focus is firmly on the upcoming Bank of England interest…
USDJPY: Political Uncertainty Drives Break Above Key Resistance 155.50 – Trading Outlook Brightens
Over the past three trading days, USDJPY has been largely influenced by political and fiscal uncertainties in Japan, pushing the pair above yesterday’s close at 156.256. Recent news highlights Japan’s expansionary fiscal policies under political…
EURUSD: Options Market-Driven Rally Sparks Bullish Breakout and Key Support Analysis
Over the past three trading days, EURUSD has shown a robust rebound, with yesterday's closing price around 1.18143, reflecting strong buyer interest. Recent market news suggests the euro's climb against the dollar was primarily driven…
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