FXTradingAnalysis

FXTradingAnalysis Updated 

Currently, the NZD/CAD pair is trading at 0.8400. It's important for traders to monitor key resistance level at 0.8435. A break above this resistance could indicate a bullish signal, allowing the price to rise further, with targets set at 0.8500 and 0.8530. Conversely, if the price moves downward and breaks the support level at 0.8372, it may lead to further...

FXTradingAnalysis Updated 

GBPNZD 1-hour chart, we think the price, currently at 2.1387, will drop further to around 2.1310 - 2.1320. From there, we expect it to start going back up. The pair is moving within a descending channel, so we believe it will continue to follow this pattern.

FXTradingAnalysis Updated 

After hitting resistance level of 2.1570, GBPNZD has started to fall. We expect the price to keep dropping until it reaches the support level at 2.1340. We believe this is where buyers will likely enter the market and start buying, possibly pushing the price back up to 2.1570. If the support at 2.1340 is broken, the next critical levels to watch will be around...

FXTradingAnalysis

EURAUD is currently trading at 1.6250. It is attempting to break out of the descending trendline resistance. If the price manages to break above this level, we could see an upward movement toward 1.6335. Traders should keep an eye on this breakout, as it may indicate a stronger bullish momentum.

FXTradingAnalysis

GBP/USD looks bullish after bouncing off the support level at 1.3020. This means buyers stepped in around that price, and the market could be ready to move higher. The first target for this upward move is around 1.3155, a point where the price might pause or face resistance from sellers. If the momentum continues and GBP/USD breaks through 1.3155, the second...

FXTradingAnalysis Updated 

Gold is currently facing resistance around the 2660 level. If this resistance is broken, it is likely that the price will continue to rise and may reach up to 2680. However, if the price fails to break through this resistance, it could face further downward pressure, leading to a drop towards the support levels indicated on the chart. Traders should monitor these...

FXTradingAnalysis Updated 

GBPCAD is currently trading at 1.7790 and seems likely to continue its upward movement towards 1.7850. The pair has established support around the 1.7700 level. However, strength is already evident from 1.7730, suggesting that buyers are stepping in before it reaches the key support zone. This early buying pressure could push the price higher without revisiting...

FXTradingAnalysis Updated 

WTI (USOIL) is currently trading at 71. After falling to the strong support level of 65.00 , it has shown consistent upward movement. This recovery from 65.00 indicates strong buying interest at that level, and we believe the bullish momentum is likely to persist. As the price continues to climb, we are projecting a target range between 78.00 and 79.00 . The ...

FXTradingAnalysis

EUR/USD is showing signs of continuing its downward movement, possibly dropping further towards key support levels. The first support level to watch is at 1.0970, which could act as a temporary floor for the price. If the downward momentum persists, the next important support level is at 1.0900. At either of these support points, there is a strong chance that...

FXTradingAnalysis

Gold is currently trading within a descending channel. If the price continues to move within this channel, there is a strong possibility that it could drop further, potentially reaching the 2605 support level. However, if the price breaks above the descending channel, we expect it to reverse and rise back up toward the 2680 level. What are your thoughts on this...

FXTradingAnalysis Updated 

NZD/CHF is currently testing a resistance level and may drop towards the 0.5225 support zone. Despite this, we advise caution and do not recommend initiating a sell position at this time, as market conditions could shift. Instead, we suggest waiting for a clear breakout above the 0.5320 resistance level before considering a buy. If this breakout occurs, there is...

FXTradingAnalysis Updated 

After breaking the falling resistance line, EUR/NZD is likely to rise and may hit all targets. However, if it doesn't break through, the pair could drop to the 1.7660 support level. From there, we expect it to bounce back and go up again. This means it's important to watch the resistance level closely, as it will affect the pair's next move. A successful breakout...

FXTradingAnalysis

GBP/CHF pair is currently showing signs of bearish momentum, with prices expected to drop further until they reach the support level around 1.1210. If the price reaches 1.1210 and exhibits bullish signals, such as a bullish engulfing candle or an increase in buying volume, this could indicate a potential reversal. A confirmation of strength at this level would be...

FXTradingAnalysis Updated 

If the price successfully breaks through the 41,600 resistance level , it could signal further upward momentum, potentially leading to a continuation of the bullish trend. This breakout may attract additional buyers, pushing the price higher as market sentiment turns more positive. However, if the price fails to break through the 41,600 resistance, a pullback is...

FXTradingAnalysis Updated 

Consider buying Bitcoin (BTC) for the short term, with a target set at $63,880.

FXTradingAnalysis Updated 

GBP/CHF is currently trading at 1.1132. It appears to be on a downward trend and may drop to around 1.1055 before potentially rising again. However, to ensure a more strategic entry, we recommend waiting for a confirmed breakout before buying. Once the breakout is confirmed, we can proceed with buying, setting our target price (TP) at 1.1340.

FXTradingAnalysis Updated 

The CAD/CHF pair is trending downwards. It’s expected to reach 0.6190 (TP1), then 0.6160 (TP2), and possibly 0.6100 (TP3).

FXTradingAnalysis Updated 

If gold breaches the 2563 support level , it may signal increased selling pressure, opening the possibility for a more downward movement toward the next key support area around 2545. However, if buyers step in and the price holds above the 2563 support , it could lead to a rebound, with potential upside movement toward the 2588 level . Traders will be watching...