Tag: Technical analysis

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USD/CAD Price Analysis: Consolidation near 1.3700 Level

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European...
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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...
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NZDUSD Technical Analysis: Price Approaching Key Support Level

The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...
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Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area

The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
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USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
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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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EUR/USD Weekly Forecast: Key Analysis and Predictions

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
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EUR/USD Weakness: UBS Outlook on Downside Levels and Triggers

Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down....
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Forex & Cryptocurrency Forecast: Expert Analysis & Predictions

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take...
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S&P 500 Technical Analysis: Week of June 17th

The S&P 500 (SPY) had a strong week, reaching the long-awaited target of 5400-412. This prompted a re-assessment rather than a rush to close...

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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...