Archive for Analysis Team

EURGBP The EUR/GBP chart exhibits a strong downtrend that has persisted over time, marked by well-defined support and resistance levels. The resistance levels at 0.84510 and 0.84004 have held firm, preventing any sustained upward movements. On the downside, the key support level stands at 0.83175, which has so far acted as a barrier to further […]

EURUSD The EUR/USD chart is currently exhibiting a bearish trend, with the price facing strong resistance at the 1.0983 level and testing a key support zone around 1.0919. The presence of a red Ichimoku cloud above the price indicates continued bearish momentum, though the thinning cloud suggests the possibility of consolidation or a weakening of […]

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 […]