GBPUSD Analysis GBP/USD Range-Bound Between 1.2933 and 1.3425 GBP/USD trades sideways near mid-range. RSI at 50 signals indecision; watch 1.3240 support and 1.3425 resistance for breakout clues. GBP/USD has been consolidating within a wide horizontal range between 1.2933 and 1.3425. Despite previous bullish momentum that pushed the pair above the Ichimoku cloud in mid-April, price […]
EURCAD Analysis EUR/CAD Stuck in Range – Will 1.5740 Break Hold the Key? EUR/CAD trades sideways between 1.5400–1.5885. Price stalls below 1.5740; flat RSI and red Kumo cloud point to weakening momentum. EUR/CAD continues to trade within a well-defined horizontal range between the 1.5400 support and 1.5885 resistance levels. The pair has once again failed […]
EURUSD Analysis EUR/USD Stalls Below 1.1400 – Range Persists EUR/USD remains capped under 1.1407 resistance. Price stuck between 1.1407 and 1.1300 as RSI hovers near 50 and Ichimoku cloud limits bullish momentum. EUR/USD continues to consolidate below the 1.1400 resistance zone, repeatedly failing to reclaim the 1.14073–1.14062 supply area. Bullish momentum remains limited due to […]
EURCAD Analysis EURCAD – Bearish Bias Below Cloud Resistance EURCAD trades below 1.5742 resistance and cloud top. Price remains weak as RSI stays under 50, keeping downside pressure in focus. EURCAD continues to consolidate beneath the 1.5742–1.5760 resistance band, which aligns with the upper Ichimoku cloud and recent swing highs. Price action remains suppressed under […]
XAGUSD (Silver Analysis) Silver Struggles Below $33 – Can Bulls Regain Control? Silver consolidates under $32.98 resistance with Supertrend turning bearish. Breakout above $32.98 needed for upside toward $34; downside risks remain. XAGUSD (Silver) is currently trading below the key $32.98 resistance, following a failed breakout attempt. The market is showing consolidation behavior between $32.52 […]
BRENT Analysis Brent Crude Holds Below 68.70 – Bearish Trend Intact Brent crude remains under pressure below 68.70 resistance. RSI below 50 shows weak momentum. Bearish bias holds unless price reclaims key zone. Brent crude oil continues to trade under bearish pressure, following a breakdown from the ascending channel and repeated failure to reclaim the […]
The market is closely watching forex key levels this week as price action tightens across major currency pairs. From GBP/USD to USD/CAD, traders are positioning for potential breakouts or reversals at these forex key levels, where technical indicators signal high-impact moves could be on the horizon. GBPUSD Analysis GBP/USD Consolidates Below 1.3393 – Breakout or […]
USDJPY Analysis USD/JPY Slips After 144.47 Test – Support at 141.63 in Focus USD/JPY weakens after failing to hold 144.47. RSI drops to 47.24. Support at 141.63–141.95 now key to halting further downside pressure. USD/JPY has pulled back after testing the 144.472 resistance zone, now trading near the 141.958–141.638 support band. After an aggressive selloff from 146.647, the pair […]
GBPUSD Analysis GBP/USD Consolidates Below 1.3425 – Breakout Imminent? GBP/USD compresses between 1.3287–1.3394. RSI at 52.69 signals consolidation. Breakout above 1.3425 could resume bullish trend; breakdown eyes deeper pullback. GBP/USD has been consolidating below the 1.3350 resistance zone after a strong uptrend that began in mid-April. Price is ranging between 1.3287 and 1.3394, with compression […]
GBPUSD GBP/USD Pulls Back Below 1.3425 – Momentum Wanes GBP/USD weakens below 1.3425. Breakout may signal trend continuation, but drop under 1.3200 risks a retreat toward 1.2939 support. GBP/USD is showing signs of exhaustion after a robust upward movement, failing to sustain above the key 1.3425 resistance level. Currently consolidating near 1.3286, the pair is […]
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