Technical Analysis

EURSEK The EUR/SEK chart is currently trading around 11.41706, indicating a consolidation phase within a well-defined range between the resistance at 11.44707 and support at 11.3059. The price has been range-bound for an extended period, repeatedly bouncing between these levels, with the recent rise testing the upper resistance. The Ichimoku Cloud signals a neutral to […]

EURJPY The EUR/JPY chart is currently trading around 162.402, reflecting a consolidation phase within a well-defined range, with 163.899 acting as a key resistance level and 155.566 serving as a strong support zone. The price has been range-bound between these levels for an extended period, with multiple tests of the upper resistance at 163.899, suggesting […]

AUDNZD. The AUD/NZD chart shows a recent pullback after reaching a high of 1.10736, with the current price sitting at 1.10043. The price is approaching a key support zone between 1.09500 – 1.09800, which previously acted as resistance before being broken. If this level holds, it could serve as support, but if it fails, the […]

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 […]