Technical Analysis

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 […]

EURUSD The EUR/USD chart reflects a persistent downtrend as the pair remains firmly below the Ichimoku cloud, indicating bearish sentiment dominates the market. Over recent sessions, the pair has shown signs of consolidation near the 1.0540-1.0620 region, suggesting that the sellers are pausing before deciding on further downside or allowing for a potential correction. Volume […]

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 […]