Technical Analysis

EURUSD The EUR/USD chart demonstrates a persistent downtrend, as the price continues to trade below the Ichimoku cloud, indicating a bearish bias. The recent decline has pushed the price to the 1.0200 level, which aligns with a potential support zone. This area could attract buying interest, as it coincides with the RSI hovering around the […]

AUDUSD The AUD/USD chart displays a significant bullish breakout following a prolonged consolidation phase, with the price moving above the Ichimoku cloud resistance. Currently trading around the 0.62673 level, this breakout is supported by a noticeable increase in trading volume, as evident in the volume histogram, indicating strong market participation and confidence in the upward […]

EURUSD The EUR/USD chart shows a notable spike in buying volume, signaling a strong bullish push after a period of consolidation and downward movement. The price has managed to recover from the recent lows near 1.02712, pushing upward with strong momentum, evidenced by a large bullish candle. The move has also broken above the Ichimoku […]

EURJPY The EUR/JPY chart depicts a bearish retracement after the pair faced rejection from the 163.89 resistance level, as seen in the recent breakdown below the Ichimoku cloud. The price is currently trading near 161.78, showing signs of consolidation following a sharp decline. Volume has spiked during the decline, indicating significant selling pressure, but the […]

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 […]