GBP/JPY could start a decent increase if there is a clear move above the 163.00 resistance. Important Takeaways for GBP/JPY · GBP/JPY is showing a lot of bullish signs above the 161.50 support. · There is a major trend line forming with resistance near 164.40 on the hourly chart. GBP/JPY Technical Analysis The British Pound started a fresh decline from...
GBP/USD climbed higher above the 1.1950 resistance zone. Important Takeaways for GBP/USD · The British Pound is slowly moving higher above 1.2000 against the US Dollar. · There is a key bullish trend line forming with support near 1.2060 on the hourly chart of GBP/USD. GBP/USD Technical Analysis This past week, the British Pound formed a base above the...
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.
Crude oil price is declining and remains at a risk of more losses below $75. Important Takeaways for Oil · Crude oil price started a fresh decline below the $80 support zone. · There is a major bearish trend line forming with resistance near $76.65 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also started a fresh decline...
Gold price is attempting a recovery wave above the $1,820 resistance. · Gold price started a recovery wave above the $1,820 resistance against the US Dollar. · A key bearish trend line is forming with resistance near $1,832 on the hourly chart of gold. Gold Price Technical Analysis Gold price formed a base above the $1,810 support zone against the US...
USD/CHF is rising and might aim more gains above the 0.9450 resistance. Important Takeaways for USD/CHF · USD/CHF started a fresh increase above the 0.9350 resistance zone. · There was a break above a major bearish trend line with resistance near 0.9315 on the hourly chart. USD/CHF Technical Analysis The US Dollar started a fresh increase from the 0.9280...
EUR/USD started a major decline below the 1.0620 level. Important Takeaways for EUR/USD · The Euro started a fresh decline from the 1.0700 resistance against the US Dollar. · There was a break below a key bullish trend line with support near 1.0620 on the hourly chart of EUR/USD. EUR/USD Technical Analysis After struggling to clear the 1.0700 resistance, the...
USD/CAD is struggling to clear the 1.3650 resistance zone. Important Takeaways for USD/CAD · USD/CAD is struggling below the 1.3640 and 1.3650 support levels. · There is a major bearish trend line forming with resistance near 1.3640 on the hourly chart. USD/CAD Technical Analysis The US Dollar gained pace for a move above the 1.3600 resistance zone...
GBP/USD is correcting losses and trading above the 1.2000 zone. Important Takeaways for GBP/USD · The British Pound started a decent recovery wave above the 1.2000 resistance zone. · There was a break above a key bearish trend line with resistance near 1.1965 on the hourly chart of GBP/USD. GBP/USD Technical Analysis The British Pound started a fresh...
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.
NZD/USD is rising and might aim a move above the 0.6250 resistance. Important Takeaways for NZD/USD · NZD/USD started a decent increase above the 0.6150 resistance zone. · There is a major bullish trend line forming with support near 0.6220 on the hourly chart of NZD/USD. NZD/USD Technical Analysis The New Zealand Dollar started a decent increase from the...
AUD/USD declined below the 0.6780 level before it found support near 0.6700. Important Takeaways for AUD/USD · The Aussie Dollar started a fresh decline from the 0.6840 resistance against the US Dollar. · There is a key bearish trend line forming with resistance near 0.6755 on the hourly chart of AUD/USD. AUD/USD Technical Analysis The Aussie Dollar started...
USD/JPY is also rising and might rally further above the 137.00 resistance. Important Takeaways for USD/JPY · USD/JPY is showing a lot of bullish signs above the 135.80 support zone. · There is a major bullish trend line forming with support near 135.80 on the hourly chart. USD/JPY Technical Analysis The US Dollar started a fresh increase from the 130.00...
EUR/USD is correcting higher from the 1.0520 zone Important Takeaways for EUR/USD · The Euro started an upside correction above the 1.0550 resistance zone. · There was a break above a key bearish trend line with resistance near 1.0570 on the hourly chart of EUR/USD. EUR/USD Technical Analysis This past week, the Euro saw bearish moves below the 1.0600...
EUR/GBP is rising and trading above the 0.8920 support zone. Important Takeaways for EUR/GBP · EUR/GBP found support near 0.8780 and is currently recovering higher. · There is a key bullish trend line forming with support near 0.8805 on the hourly chart. EUR/GBP Technical Analysis The Euro started a steady decline from well above the 0.8900 zone against the...
GBP/USD started a fresh decline below the 1.2200 support zone. Important Takeaways for GBP/USD · The British Pound started a fresh decline from the 1.2150 resistance against the US Dollar. · There is a major bearish trend line forming with resistance near 1.2000 on the hourly chart of GBP/USD. GBP/USD Technical Analysis The British Pound started a major...
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.
Crude oil price is attempting a recovery wave above the $75.50 resistance zone. Important Takeaways for Gold and Oil · Crude oil price started a fresh increase from the $73.75 support zone. · There was a break above a major bearish trend line with resistance near $75.70 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also...