Technical Analysis

XAUUSDThe XAU/USD (Gold) chart reflects a bearish trend in recent weeks, with the price experiencing a sharp decline from around 2,750 to the current level near 2,555.65. This downward movement has been characterized by consecutive lower highs and lower lows, indicating persistent selling pressure. The Ichimoku cloud above the price action, predominantly shaded red, suggests […]

EURGBP The EUR/GBP chart reflects a market in consolidation with some recent bullish attempts to break out of the lower levels. Currently, the price is trading around 0.83181, a level close to recent resistance near 0.8320. Overhead resistance is notably present around 0.84004, which could pose a barrier for further upward movement. The Ichimoku cloud […]

AUDCAD The AUD/CAD chart is displaying a bearish trend, with the price breaking below key support levels, indicating a sustained downward movement. The pair is currently trading around the 0.91139 mark, following a recent rejection at the 0.91837 resistance level, as highlighted by the Ichimoku cloud, which remains red and hovers above the price, reinforcing […]

USDCAD The USD/CAD chart displays a robust uptrend, with the price currently trading around 1.3942, approaching a recent resistance level near 1.3950. This strength in USD against CAD aligns with a series of higher highs and higher lows, indicating consistent bullish momentum. The Ichimoku cloud, which is largely green, supports this upward trend by acting […]

EURUSD The EUR/USD chart displays a strong downtrend, which intensified after a sharp rejection at the 1.08627 level, followed by continued selling pressure. The price has moved firmly below the Ichimoku cloud, which remains shaded red, signaling bearish momentum and limited bullish attempts at recovery. After an initial sell-off, the price found temporary support within […]

AUDCAD The AUD/CAD chart illustrates recent price action where the pair has reached a significant resistance zone around the 0.92639 level after a sharp rally. This area has previously acted as a ceiling, limiting upward momentum, and the current price behavior shows hesitation at this level, with a slight pullback to 0.92380. The Ichimoku cloud […]

XAUUSD The XAU/USD chart shows a strong bearish movement, with the price breaking down through several key support levels. Currently, XAU/USD is trading around 2,659.01, after a significant drop from the resistance area near 2,760.00, marked by the red Ichimoku cloud, which has acted as a barrier for bullish attempts. This recent decline pushed the […]

AUDCHF The AUD/CHF chart displays a recent bullish recovery from its previous downtrend, with the price currently testing a key resistance area around 0.57308. After hitting a low near 0.56767, the pair has shown strong upward momentum, breaking through minor resistance levels and now approaching the Ichimoku cloud’s lower boundary, which has been red and […]

AUDUSD The AUD/USD chart reveals a sustained bearish trend with recent attempts at a recovery, although it faces significant resistance within the 0.66150 level, marked by the upper boundary of the green shaded area. After a prolonged decline from the highs around 0.68569, the price has settled into a consolidation zone, testing both support and […]

EURUSD The EUR/USD chart reflects an ongoing bearish trend, recently interrupted by a short-lived upward correction that pushed the price into a key resistance zone around 1.08423, only to face strong rejection. Currently trading near 1.08339, the price has repeatedly encountered resistance in the orange-shaded zone, indicating that this area continues to act as a […]