October 24, 2024

Technical Analysis 24.10.2024

GBPUSD The provided chart for GBP/USD illustrates a well-defined bearish trend within a descending channel, marked by upper and lower boundaries that the price has consistently respected. The presence of...

October 23, 2024

Technical Analysis 23.10.2024

USDCAD The USD/CAD chart is currently trading around 1.38262, showcasing a strong and steady upward trend that has been in place since late September. After a period of consolidation at...

October 21, 2024

Technical Analysis 21.10.2024

EURUSD The EUR/USD chart is currently trading around 1.08470, showing clear signs of a persistent downtrend that started in late September, with the price falling sharply from around 1.1100 to...

October 17, 2024

Technical Analysis 17.10.2024

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...

October 16, 2024

Technical Analysis 16.10.2024

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...

October 15, 2024

Technical Analysis 15.10.2024

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,...

October 14, 2024

Market Analysis 14.10.2024

This week’s market dynamics are largely shaped by the aftermath of the Chinese economic data and the upcoming ECB meeting. The weaker-than-expected Chinese CPI and PPI figures have heightened concerns...

October 14, 2024

Technical Analysis 14.10.2024

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...

October 09, 2024

Technical Analysis 09.10.2024

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...

October 08, 2024

Technical Analysis 08.10.2024

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,...

October 07, 2024

Technical Analysis 07.10.2024

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...

October 07, 2024

Market Analysis 07.10.2024

Today’s economic calendar presents several key events that may drive market movements, particularly for the EUR, USD, and JPY. In the Asian session, the Japanese Leading Indicators fell to 106.7%,...