Technical Analysis

EURUSD The EUR/USD chart exhibits a strongly bearish trend, with the price breaking below the significant support level at 1.0393, as indicated by the red zone. This breakdown is accompanied by increased trading volume, suggesting that sellers are dominating the market. The Ichimoku cloud analysis reinforces the bearish sentiment, with the price well below the […]

EURUSD The EUR/USD chart exhibits a consolidation phase within a well-defined range, as the price oscillates between the lower boundary at 1.0370 and the upper resistance near 1.0500. The Ichimoku cloud structure suggests ongoing indecision, as the price remains capped by the red cloud, indicating a bearish bias. However, buyers are showing resilience, defending the […]

GBPAUD The GBPAUD chart indicates a recent rejection near the 2.03000 level, suggesting strong resistance in that area, as evidenced by the sharp pullback. The price has retraced to around 2.00565, which aligns closely with a minor support level near the top of the Ichimoku green cloud. This level is crucial for determining whether the […]

DOW JONES INDUSTRIAL The Dow Jones Industrial Average (DJI) chart shows a sharp decline in price, with the index dropping to 42,307.47 after reaching recent highs near 44,400. This dramatic sell-off has pushed the price closer to a critical support zone around the 42,000 level, highlighted by the green shaded area, which coincides with prior […]

EURUSD The EUR/USD chart reflects a range-bound market environment, trading at approximately 1.05051. The pair is sandwiched between a resistance zone near 1.05475 and a significant support area around 1.04500, marked in red. Price action has struggled to gain upward momentum, consolidating sideways for several weeks after the sharp downtrend that occurred earlier in November. […]

EURCHF The EUR/CHF chart shows a notable attempt to recover after a prolonged period of consolidation and bearish pressure, trading currently at 0.94031. The pair has bounced back from recent lows near the 0.92500 support level, with buyers pushing prices upward and now challenging the Ichimoku cloud resistance. The red cloud above the price reflects […]

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 […]