Technical Analysis

EURUSD The EUR/USD chart is showing a prolonged period of sideways consolidation between the 1.05475 resistance and the 1.04500 support level. The price has been unable to decisively break out of this range, suggesting indecision and a balance between buyers and sellers. The Ichimoku cloud highlights a bearish bias as the price remains below the […]

 EUR/USD  The EUR/USD chart reflects a consolidation phase within a well-defined range. The price is trading above the critical support level near 1.0450, highlighted as a key demand zone due to previous strong buyer activity. Resistance is evident in the 1.0650-1.0700 range, representing a significant barrier for bullish attempts.  The Ichimoku cloud indicates bearish sentiment, […]

CADCHF The CAD/CHF chart presents a mixed picture with a lack of strong directional movement, as evidenced by the price oscillating within a range and struggling to establish a clear trend. The Ichimoku cloud analysis shows that the price has frequently moved in and out of the cloud, reflecting indecision in the market. Currently, the […]

AUDCAD The AUD/CAD chart reflects a notable bullish recovery after a prior period of consolidation within a narrow range. The pair has successfully broken above the Ichimoku cloud resistance, signaling a potential shift in market sentiment from bearish to bullish. The price currently hovers around 0.9097, testing the recent intraday high, which could act as […]

EURJPY The EUR/JPY chart exhibits a pronounced bearish momentum, with the price sharply breaking below the key psychological support level of 163.899 and continuing its descent. The Ichimoku cloud indicates a strong bearish trend as the price remains firmly below the red cloud, signifying sustained selling pressure. The RSI is deeply oversold at 29.76, suggesting […]

AUDCAD The AUD/CAD chart shows a significant bullish recovery after testing support at the 0.90706 level, a key horizontal support zone that previously acted as a base for buyers. The recent bullish momentum is characterized by a sharp breakout above the Ichimoku cloud, signaling a potential trend reversal from bearish to bullish. The price is […]

EURUSD The EUR/USD chart reveals a sharp downward trend in recent weeks, with the pair finding a temporary base around the 1.04897 level, just above the psychological support near 1.0450. The Ichimoku cloud indicates a strongly bearish momentum as the price remains below the cloud and within a well-defined downtrend. However, the RSI is beginning […]

EURUSD The EUR/USD chart highlights a clear downtrend, with the price currently trading around 1.05464, consolidating within a tight range below the 1.06217 resistance level. The bearish momentum, which had driven the price sharply lower from the 1.08627 level, has slowed down as the market enters a phase of sideways movement. The presence of the […]

AUDCAD The AUD/CAD chart shows a recent recovery from a low near the 0.90203 support level, as the price has bounced and moved higher. However, it is approaching a critical resistance zone around 0.91540-0.91837, which has previously acted as a strong ceiling for price action. The Ichimoku cloud continues to signal bearish momentum, with the […]