Tag: Resistance

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AUDCAD Uptrend Analysis and Forecast – Action Forex

AUDCAD saw a bounce today from just above the 0.9270 support level, which indicates positive momentum. The pair has been consistently forming higher highs...
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AUDUSD Forecast: Pair Rebounds from Key Support | Forexlive

The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that...
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AUDUSD Traders Testing Close Support, More Work Needed for Breakout

AUDUSD traders are currently testing close support levels between 0.67278 and 0.6738. Despite some fluctuations, the price has managed to stay above the lower...
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EUR/USD Recovery Continues: Bullish Momentum Intact

The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support...
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USDCHF Price Drops Below 100-Day MA in Weekly Low | Forexlive

The USDCHF has been experiencing a downward trend this week, hitting new lows after facing resistance earlier in the trading week. The currency pair...
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Bulls Gain Control as NZD/USD Closes Above Critical Resistance – Weekly Price Analysis

The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested...
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XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...

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