Technical Analysis

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 […]

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 […]