USD/JPY is currently in a tense situation with prices hovering around $146.500. The strong resistance at $146.946 is putting significant pressure on buyers, and if they fail to break through, a sharp correction could push the price back to the support zone at $141.712. The EMA 34 ($144.652) and EMA 89 ($143.920) are currently providing support, but selling...
Gold prices are currently “dancing” around the $2,655 level. The strong support at $2,630.511 acts as the “last fortress” protecting buyers from a steep decline. However, all eyes are on the critical resistance levels at $2,666.090 and $2,678.543. These are the “gateways” buyers need to breach to unlock a spectacular breakout, driving gold to new highs. The EMA...
EUR/USD reveals a tense battle between buyers and sellers, as the price hovers around $1.10334. Sellers are in control, pushing the price toward the critical support level at $1.10051. This is a key threshold: if broken, the price could plummet, opening up significant selling opportunities. On the other hand, buyers haven’t given up yet. They’re striving to...
The EUR/USD chart is painting a tense picture as prices hover around $1.10714. With strong support at $1.10501, buyers are making efforts to defend this crucial level, preventing deeper declines. However, the major challenge lies at the $1.11451 resistance, and a strong rally could unfold if buyers manage to break through. Support from the EMA 34 ($1.11299) and...
The XAU/USD chart paints a dramatic picture as gold hovers around $2,660.275, approaching a critical resistance level at $2,672.665. With strong support at $2,625.076, gold continues to hold its strength for buyers. The EMA 34 ($2,648.157) and EMA 89 ($2,613.671) lines act as crucial foundations supporting the upward trend. If the price fails to break through...