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Currently, GBPUSD is trading around 1.31552 USD after breaking out of the descending price channel. The key resistance at 1.32112 USD presents a significant challenge for the upward trend. The EMA 34 and EMA 89 lines indicate that the short-term upward trend remains intact, though a correction may occur as the price reaches this resistance level. Upon hitting...

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XAUUSD is trading around 2,578 USD after breaking through a key resistance level. The upward trend remains strong with solid support at 2,560 USD. There is a possibility of a pullback to this support zone before continuing the rise toward 2,612 USD. In terms of news: The 10-year US Treasury yield remains in the red, below 3.7%, as markets reassess the...

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GBPUSD is trading around 1.31449 USD after recovering from the support level at 1.30302 USD, facing resistance at 1.32180 USD. The EMA 34 and 89 lines indicate that the upward momentum is still intact, but a short-term correction is possible. If the price fails to break through this key resistance, it could drop to the minor resistance at 1.31043 USD, and then...

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USDJPY is in a downtrend, trading around 140.908 after breaking the support level at 140.500. The EMA 34 and 89 lines indicate that selling pressure remains dominant. If the price rebounds from this support, the short-term target will be 142.307. Otherwise, if the support breaks, the price may drop to 139.175. Regarding news: USD/JPY continued to weaken below...

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The USDJPY chart is showing a strong downtrend after reaching a peak in July. Currently, the price is trading around 142.67 with a clear descending wedge pattern forming. Strong resistance lies at 147.537, while the projected downside target is 135.492. The EMA 34 and EMA 89 both indicate a downward trend, confirming selling pressure. In terms of news, U.S....

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Gold is currently trading around its all-time high near 2,570 USD after a strong rally fueled by rising expectations of a significant Fed rate cut. The 34 and 89 EMA lines show that the upward trend is still intact, though a short-term correction is possible. Key support levels lie at 2,501 USD and 2,521 USD, where investors may find buying opportunities. Gold...

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Tonight, the CPI data will be released and is expected to be lower than the previous reading, which could lead to a significant rise in gold prices. The chart shows gold in a short-term uptrend, with prices breaking above the 20 SMA and other moving averages, reinforcing short-term buy signals. Bollinger Bands are expanding, indicating increased market...

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Gold prices are currently fluctuating within a clear resistance and support range. At present, the price is positioned between the 34 EMA and 89 EMA, indicating a tug-of-war in the trend. The 34 EMA and 89 EMA are converging, signaling a potential trend breakout as the price moves out of this range. The key resistance level is around 2,525, a zone where prices...

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XAUUSD is in a mild uptrend, trading around $2,517 with a key resistance level at $2,530. If the price breaks above this level, the uptrend could continue. However, failure to breach it may lead to a correction toward the $2,501 support level. The EMA 34 and EMA 89 are still supporting the current uptrend, but if the price falls below them, a downtrend might...

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The EURJPY chart shows a clear downtrend, with the price trading below the EMA 34 and EMA 89, confirming strong selling pressure. The key resistance is identified around 157.100 USDT. If the price fails to break this level, it is likely to retest the support zone at 155.321 USDT. The downtrend is expected to continue unless there is a reversal. The market is...

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The current AUDUSD chart shows a short-term downtrend as the price trades below the EMA 34 and EMA 89, indicating that selling pressure remains dominant. The key support level is at 0.6640 USDT, while the nearest resistance is at 0.6690 USDT. The price is expected to correct towards the support before potentially rebounding, but failure to break resistance may...

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On the 3-hour timeframe of the USDJPY pair, the price is moving within a range between the support level of 142 and the resistance level near 144. Closest support: 142. This is a key support level, and if it breaks, a sharp decline to lower levels could follow. Key resistance: 144. If the price surpasses this level, a short-term bullish trend may be...

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EURUSD is currently fluctuating around the support level of 1.10320, where it has bounced several times. If this level holds, the price could rise towards the resistance level of 1.1300. The RSI is at 39.81, indicating strong selling pressure, but potential buying interest may emerge at this support. The short-term downtrend remains intact as the price is below...

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Nonfarm Payrolls data and U.S. labor statistics have a strong impact on the USD and EURUSD trend. If the data is unfavorable, EURUSD may see a price increase. On the chart, EURUSD is fluctuating around 1.11077 after reaching resistance near 1.11500. The EMA 34 and EMA 89 are supporting the short-term upward trend, indicating that the price may continue to rise...

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The chart shows GBPUSD facing strong resistance at 1.32225, tested multiple times but not yet broken, as indicated by the red arrows. Both EMA 34 and EMA 89 confirm that the long-term uptrend remains intact, despite the price temporarily correcting towards the support zone. The two key support levels are Support 1 at 1.30969 and Support 2 at 1.31182, with price...

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The price is fluctuating around the EMA lines, with the EMA 34 above the EMA 89, signaling a short-term recovery but not strong enough to break the main downtrend. A strong support level at 1.10300 has previously caused the price to bounce back. This is also the level that may be revisited if the downtrend continues. The 1.1158 zone is a strong resistance. If...

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The market is influenced by the monetary policies of the Bank of Japan and the Fed, along with U.S. interest rate updates and global economic conditions, continuing to cause volatility for this currency pair. On the 4-hour USDJPY chart, the price is trending downwards, moving below both the EMA and SMA 20, signaling strong selling pressure. The resistance near...

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The chart shows an upward trendline with EUR/USD approaching the key resistance level of 1.11400, where selling pressure may arise if the price fails to break through. The crucial support currently lies around 1.10500, a level to which the price might retreat if it fails to surpass the resistance. EUR/USD is testing this resistance zone, with the potential for a...