Tag: Technical analysis

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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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Forexlive Weekly Market Outlook: 24-28 June

The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary...
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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...
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USD/JPY Weekly Forecast and Analysis – Action Forex

The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
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EUR/USD Weekly Forecast: Latest Analysis and Trends for Traders

EUR/USD maintained its position above 1.0667 throughout the previous week, with the outlook remaining the same. The initial bias for this week is neutral,...
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GBP/JPY Forecast: Weekly Analysis and Outlook for Traders

GBP/JPY continues its upward trend, reaching as high as 202.01 after a brief retreat. The initial bias for this week is on the upside,...
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Forexlive Americas FX News Wrap: USD Rises on Strong Flash S&P Data | 21...

The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a...
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USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
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NZD/JPY Price Analysis: Cross Extends Gains Above 97.00

The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
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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...

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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...