Tag: Resistance levels

news-27062024-013109

USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
news-24062024-041826

EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
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NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance

The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...
news-19062024-035226

AUDCAD Forecast: Bullish Momentum Continues – Action Forex

AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
news-18062024-034558

S&P 500 Technical Analysis: Path of Least Resistance to Upside

Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to...
news-17062024-034001

Oil Prices Struggle to Reach $80 Amid Strong Resistance

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric...
news-16062024-144033

NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...

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