FXTradingAnalysis

FXTradingAnalysis

AUDCAD has been moving inside an ascending channel, respecting both the support and resistance levels. Recently, price tested the upper resistance of the channel around 0.9030 – 0.9040 and got rejected, forming a lower high. Currently, price is retesting the minor support zone (highlighted in grey). If this zone breaks, I expect price to continue bearish toward...

FXTradingAnalysis

CHF/JPY is showing a bullish trend. Right now, it’s trading around 183.77. Recently, the price went up as high as 185.55, but then it dropped down to 182.10. At that level, buyers stepped in and pushed the price back up. This shows us that 182.10 has now become a strong support level, where buyers are ready to defend the price. From here, the market looks set to...

FXTradingAnalysis

Price is sitting right on the trendline support - exactly where buyers have stepped in before. As expected, it’s showing signs of holding and could push back up toward the 1.8050 resistance. Key watch: Holding the trendline = bullish momentum intact. A clean break below = shift in structure, sellers take over. For now, bias stays up as long as this support holds.3

FXTradingAnalysis Updated 

The market is currently facing resistance level. Before entering a buy trade, it’s important to wait until the price breaks above resistance. If the resistance is broken, we expect the price to move higher, with the first target at 1.3580. Once the price also breaks above 1.3580, the bullish momentum could continue, and we might see the price rise further toward...

FXTradingAnalysis Updated 

GBPCAD is showing bullish movement after bouncing from its support level at 1.8300. This means buyers (the bulls) are in control and are pushing the price higher. Our first target for this move is 1.8590. If the price breaks above this level, the next target we expect is 1.8755.

FXTradingAnalysis

Gold is currently maintaining a strong bullish market structure. Price action continues to form higher highs and higher lows, signaling consistent buying pressure. As long as price holds above the previous low, the uptrend remains intact, with room for further upside if momentum continues.

FXTradingAnalysis

The EUR/NZD currency pair is currently sitting near a support level at 1.9525. If the price respects this support (meaning it does not fall below it and instead bounces up), we could see the price rise toward the next target at 1.9660. If the price breaks below this support and stays under it, the market could move lower, with the next sell target around...

FXTradingAnalysis

EUR/AUD is sitting on an important support level. So far, the price has been holding, but it's starting to show signs of weakness. If the price breaks below this support, it could drop further, with the next target around 1.7640. This level could act as the next area where the price might slow down or bounce.

FXTradingAnalysis

1. Trend Direction : CADCHF is currently bearish — the price is going down consistently. 2. Price Action : The pair is still falling and has not shown signs of reversing yet. 3. Target Area for Drop : I expect the price to continue falling toward the 0.5740 to 0.5720 zone. → This is a support area, where price may slow down or bounce. 4. Support Level...

FXTradingAnalysis Updated 

EUR/CAD appears to be showing bullish momentum and is likely heading toward the 1.6110 level. Currently, the pair is testing a key resistance zone. If the price manages to break above this resistance with strong volume or confirmation, we could see further upside continuation toward the next target at 1.6110. Traders should watch for a clear breakout and possible...

FXTradingAnalysis Updated 

The current price action looks strong, and if the bullish momentum continues, we have three main target levels in mind. The first target is $3,380. This is an important level we expect gold to reach soon if the trend continues upward. If the price breaks above $3,380, the next target is $3,433. This level is likely to act as a strong resistance, meaning the...

FXTradingAnalysis Updated 

Gold is currently moving within a downward sloping channel, reflecting a period of controlled price movement. If the price continues to follow the channel, it may trend lower in the short term, with the next key support level seen around $3260. Alternatively, a breakout above the upper boundary of the channel may signal a shift in momentum, opening the way for...

FXTradingAnalysis Updated 

AUDCAD seems to be sitting on a strong support level. From this point, I think the price could start moving up. If buyers come in, we might see the market go higher in the next few days.

FXTradingAnalysis

The AUD/USD currency pair is currently moving within an rising channel and appears to be heading toward the upper resistance line of the trend. However, if the price breaks below the first support level at 0.6480, it may signal a reversal, and the pair could start to decline. In that case, the next key support levels where the price might find buying interest or...

FXTradingAnalysis Updated 

I believe AUD/NZD is currently showing bullish signs and could continue to move higher. The price seems to be gaining strength, and I expect it to reach the 1.0870 level soon, which is about 50 pips above the current price. If the upward momentum continues, this target could be hit soon.

FXTradingAnalysis Updated 

GBP/JPY is currently moving within an ascending channel, where price action is forming higher highs and higher lows. This pattern indicates a steady uptrend. At the moment, the pair is approaching the upper boundary (resistance line) of the channel. Based on the current momentum and structure, we expect the price to continue its upward movement and test the upper...

FXTradingAnalysis

Gold is currently trading at $3337, which is an important support level. Earlier, the price dropped to around $3310, but it has since started to recover from that level. This bounce suggests that buyers are stepping in, and the market is showing some strength. Based on this recovery and the strong support at $3332.50, I expect the price of gold to move higher,...

FXTradingAnalysis

USD/CAD is currently in a strong bearish trend, forming a series of descending channels. The price initially moved lower within a downward-sloping channel, then broke out to the upside, suggesting a reversal or deeper correction. However, this breakout was short-lived. Instead of continuing higher, USD/CAD lost momentum and began forming a new descending channel,...