Gbpusd jumping level read the caption Today, the GBPUSD experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2662
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Oil going to cheap according to news read the caption have topped $76barrel in the past two sessions for US benchmark West Texas Intermediate crude, with broad oil prices lifted further by signs of some demand resilience in China. Refineries there are reportedly still buying plenty of crude which has gone some way to lift the gloom over likely Chinese energy demand, a major headwind for oil prices in the past year
Gold still gain momentum read the caption Gold is down 0.2% to $2,041 after a push earlier to $2,047 levels to start European morning trade. It coincides with a move higher in yields, with 10-year Treasury yields now up 2.7bps to 4.27% on the day. But perhaps gold's slight retreat is also a more technical-related one. Here is a look at the daily chart
Eurusd can't stop uptrend read the caption The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0861 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0822 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0881 ahead of the 1.0900 figure. Otherwise, the pair could dive towards the 200-DMA and below, exposing the 1.0801
Gold record making move read the caption Gold according to the 1-hour chart, XAU/USD lost momentum but holds on to gains, limiting the risk of a steeper slide. The 20 SMA heads firmly north, far below the current level, momentum, while the longer moving averages remain directionless. XAU/USD hovers around a flat 100 SMA Technical indicators, in the meantime, eased from near overbought readings, reflecting the ongoing retracement rather than suggesting
Eurusd will break out read the caption Eurusd On the 1 hour chart, we can see more closely the recent price action with the consolidation between the 1.07 support and the black trendline. We should find the sellers around the trendline if the price were to get there, but overall it will be a waiting game until we get a breakout on either side
Btc hit 64k next will hit 70k read the caption Reuters cites a letter from Grayscale CEO Michael Sonnenshein, who described the SEC rejecting options on its Grayscale Bitcoin Trust (GBTC.P), as an unfair discrimination against its shareholders, adding that the regulator has previously approved options on ETFs tied to BTC futures.
"It is vital to the interests of GBTC and all spot Bitcoin investors to access exchange-listed options on GBTC and other spot Bitcoin ETPs
Eurusd return to sell read the caption The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0862 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0821 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0882 ahead of the 1.0901 figure. Otherwise, the pair could dive towards the 200-DMA and below, exposing the 1.0801
Gold long term trade for seller read the caption The XAU/USD pair is little changed for a second consecutive day but retains the neutral-to-bullish stance. In the daily chart, the bright metal keeps developing above a flat 20 Simple Moving Average (SMA), currently at $2.020 in line with the absence of directional strength. However, the 100 SMA keeps heading north well below the current level, skewing the scale to the bulls' side. Finally, technical indicators keep consolidating around their midlines, failing
Audusd slowly but go down more read the caption The slight uptick in AUD/USD occurred despite the equally marginal advance in the Greenback, as well as the continuation of the intense sell-off in iron ore prices, which reached multi-month lows near the $126.01 yardstick in response to increasing inventories and heightened uncertainty surrounding the Chinese housing market.
Spot price movements also mirrored the lacklustre performance of the US Dollar, as investors continued to assess the probability of the Federal Reserve (Fed
Usdjpy DiPS below downtrend start read the caption Usdjpy The price can break on either side of the pattern but what follows next is generally a strong and sustained move in the direction of the breakout. If the price were to break to the downside, the sellers will also need to break below the 148.70 support before confirming a bigger correction to the downside. For the buyers, on the other hand, the 148.81 support will be the last line of defence.
Audusd up down but good for seller read the caption The AUD is not alone in moving higher vs the USD today. The USD is lower after US retail sales came in weaker than expectations. However, for the pair, although it did move higher, it did reach a resistance target defined by a swing area near 0.6513 and the 100-day moving average of 0.6531 The price reached between those two levels before rotating back to the downside. The current price trades at 0.6501
The next target on the downside comes at the 61.8% retracement of the move up from the October low. A level comes in right below the natural level of 0.6501. If broken, it would give the sellers more confidence that a potential high is in place.
Bitcoin show us to hit 80k 90k read the caption The ensuing seller momentum could send Bitcoin price south, with a forecasted 10% fall to test the supply zone turned bullish breaker between $45,553 and $46,692 A break and close below the midline of this order block at $46,165 would confirm the continuation of the downtrend
Nevertheless, if this order block holds as support, Bitcoin price could pivot for a bounce that would see BTC market value provide a buying opportunity before the next
Xauusd big sell dips below 2000 read the caption Gold according to the 4-hour chart, XAU/USD lost momentum but holds on to gains, limiting the risk of a steeper slide. The 20 SMA heads firmly north, far below the current level, reflecting the ongoing momentum, while the longer moving averages remain directionless. XAU/USD hovers around a flat 200 SMA. Technical indicators, in the meantime, eased from near overbought readings, reflecting the ongoing retracement rather than suggesting
Nzdusd lower more than expected read the caption Nzdusd bullish chart
The NZDUSD moved higher today, helped by a report from ANZ that they now expect the RBNZ to hike rates not once but two timesIn this video, I take a look at the rise in the NZDUSD off the report and the shift in the bias for the pair. I also outline the work that needs to be done to increase the buyers confidence after the technical
Btc will above 60k then 70k touch read the caption BTC hit 50000 but another target 90000
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Eurusd a sharp down next week read the caption EUR/USD news to watch will be the second estimate from Europe. Economists expect the data to show that the economy stalled in Q4. Eurostat will also release the latest weak industrial production data.
The EUR/USD pair made a strong bearish breakout this week. It moved below the lower side of the bearish flag pattern. The pair also retreated below the support at 1.0722, its lowest point on February 6th. It has moved below the 50-period and 24-period moving average
Usdjpy next target is yellow line read the caption The USDJPY is moving to new at session highs, and in the process as extended above the swing area between 149.71 and 150.158. Yields in the US have turned around and are now higher on the day. The two year yield is at 4.642% up 3.0 basis points. The 10 year yield is up 2.4 basis points at 4.30%.
At 1 PM today, the U.S. Treasury will auction off 20-year notes. At 2 PM,
Gold will hit below 2000 read the caption On the 1 hour chart, we can see more closely the recent price action with some consolidation around the 2026 level as the sellers continue to pile in while the buyers keep on pushing for a breakout. If we do get a selloff from this level, we can expect the buyers to step in again around the 2000 support, while the sellers will want to see the price breaking further below the support to increase the bearish bets into new lows.
Audusd confirm down move read the caption The next AUD/USD news to watch will be the upcoming US initial and continuing jobless claims numbers. Expectations are that initial jobless claims rose to 218/7k last week. These numbers will be followed by the latest existing home sales. Existing home sales are expected to come in at 3.95 million in January.
The other important data will be the flash manufacturing and services PMI numbers by S&P Global. The report is expected
A big candle we see of sell gbpusd time to sell read the captionToday, the GBPUSD experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2661 and is trending downward
us dollar rising area read the caption The move lower in the dollar has come on the back of a dip in U.S. Treasury yields in line with its global peers.
That followed lower-than-expected Canadian inflation data and euro zone wage growth -- all of which sent domestic yields falling as it ramped up expectations for rate cuts by global central banks this year.
The Canadian dollar was last marginally higher at 1.35084 per U.S. dollar, while the euro rose 0.06% to $1.0813
The fell 0.05% to 103.98