Technical Analysis

AUDUSD The AUD/USD price chart shows a clear downtrend since the beginning of October, marked by a series of lower highs and lower lows. The price action has broken below a key support level around 0.6823, which now acts as a strong resistance. This level previously served as support in early September, indicating its significance […]

EURCAD As of October 8, 2024, the EUR/CAD currency pair is demonstrating a strong bullish trend across all analyzed time frames, suggesting continued upward momentum. In the 4-hour (H4) chart, the trading volume is at average levels, indicating a stable market environment without excessive buying or selling pressure. The Relative Strength Index (RSI) stands at […]

EURUSD The EUR/USD pair is exhibiting different signals across various timeframes. In the 4-hour (H4) timeframe, the RSI stands at 31.00, close to the oversold region, indicating a potential recovery signal. Volume is low at 33.241K, while the Supertrend shows resistance at the 1.10366 level. In the 1-hour (1H) timeframe, the RSI is at a […]

GBPCAD The GBP/CAD pair is currently exhibiting a downward trend across the 15-minute, 1-hour, and 4-hour timeframes. In the 15-minute chart, the volume indicator has shown an increase, while the RSI is at 60.28, close to the overbought region. The Supertrend indicator is at 1.77824, above the price, signaling a bearish trend. On the 4-hour […]

AUDJPY The AUD/JPY pair is currently trading near resistance levels across multiple time frames, as indicated by the Supertrend values on the 4-hour, 1-hour, and 15-minute charts. The 4-hour chart shows a support at 98.971 and resistance at 100.813, with an RSI of 63.79, suggesting that the pair is approaching overbought conditions and may face […]

GBPCHF In the GBP/CHF pair, the price is trading at 1.12102 CHF across the 4-hour, 1-hour, and 15-minute timeframes. A downtrend is dominant in all timeframes, as confirmed by the Supertrend indicator remaining in the red, signaling continued bearish momentum. The RSI (Relative Strength Index) values are at 37.25 on the 4-hour chart, 33.05 on […]

AUDCAD The AUD/CAD pair is currently trading around 0.93783 CAD, approaching a strong resistance zone between 0.93714 and 0.93783. This area could act as a critical barrier unless broken with strong bullish momentum. Key support levels are observed at 0.93020, which coincides with the Supertrend uptrend support, followed by 0.92639 and 0.91837. The Supertrend indicator […]

EURUSD The EUR/USD currency pair is currently exhibiting a mixed outlook across different time frames. On the 15-minute chart, the price is at 1.11847, with the RSI at 55.98 and increasing volume, suggesting that short-term upward movement may continue. The Supertrend levels indicate support at 1.11772 and resistance at 1.11820. In contrast, the 1-hour chart […]

EURGBP The technical analysis of the EUR/GBP pair reveals varying outlooks across different time frames. On the 15-minute chart, RSI is at 66.04 in the positive region, indicating short-term strength. According to the Supertrend indicator, 0.83433 is a resistance level, while 0.83370 is acting as support; breakouts above or below these levels could define the […]

EURUSD In the analysis of the EUR/USD pair across different timeframes, the price is stable at 1.11507 in the 15-minute, 4-hour, and daily charts. In the 15-minute and 4-hour timeframes, the RSI is at 51.16 and 51.12 respectively, indicating a neutral zone. On the daily chart, however, the RSI is at 59.73, suggesting a slightly […]