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...
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...
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...
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...
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...
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...
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...
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...
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...
Gold is currently trading sideways between resistance at 2,530 and support at 2,480, awaiting a breakout to determine the next trend. EMA 34: Acting as near-term support, indicating a short-term uptrend. If the price falls below EMA 34, selling pressure could increase. EMA 89 provides medium-term support; maintaining the price above EMA 89 will support the...
Tonight, key figures for NFP, Employment Change, and the U.S. Unemployment Rate will be released. The labor market outlook is predicted to be negative, with Nonfarm Payrolls expected to reach only 164K and the unemployment rate to drop to 4.2%. Average hourly earnings are forecasted to increase from 0.2% to 0.3%, indicating rising inflation pressure. This could...
The 4H chart of AUDUSD shows the price facing a significant resistance zone around 0.67415, where the EMA 34 acts as a dynamic resistance. EMA 34 and EMA 89 play crucial roles in the short-term trend, with the price fluctuating between these levels and possibly facing downward pressure if it fails to break through the resistance. A key support zone is clearly...
The chart shows GBP/USD was in a downtrend within a price channel but has now recovered and broken out of it. Key support lies around 1.30800, which the price might revisit if it fails to break the current resistance. Key resistance is at 1.31700. If this level is broken, GBP/USD could continue its upward trend. If the price breaks the 1.31700 resistance,...
AUDUSD is testing the support level around 0.6680, an important level previously validated. If the price holds above this support, it may rise towards the 0.6750 resistance, though the EMA 34 and EMA 89 could limit the upward move. If the price holds above 0.6680 and rebounds, traders may consider opening buy positions with a target of 0.67097. Regarding news:...
On the 3-hour chart, USDJPY is declining, approaching a key support level at 144.500, a level that has been tested and may react in the short term. If the price tests this support and doesn't recover strongly, it is likely to continue its downtrend with the next target at 143.000. The 89 and 34 EMAs act as resistance levels at 145.776 and 145.718, reinforcing...
On the 4-hour chart, XAUUSD is currently in a strong support zone around 2,470 - 2,480, a level that has been tested multiple times in the past. The downward trendline is acting as resistance, but there are signs of a potential breakout above this trendline. The breakout target could reach 2,523, but it's important to note that the price may retest the support...
EURJPY is declining after hitting strong resistance at 163.000, causing a price pullback. The 34 and 89 EMAs are acting as resistance levels, adding selling pressure in the market. The MACD indicator shows that downward momentum is slowing, but there is no clear signal of a strong reversal yet. If the price holds above the 159.552 support and shows signs of...
GBPUSD is currently in a short-term uptrend. The EMA 34 is above the EMA 89, indicating that buying pressure still dominates the market. The chart shows that the EMA 34 remains above the EMA 89, but if there is a downward correction, the EMA 34 could potentially cross below the EMA 89, signaling a bearish trend. The RSI (14) is currently at 52-54, suggesting...