Technical analysis

Technical analysis

Trading Outlook for EUR/USD: Watch 1.1840 as Key Pivot for Direction

The euro (EUR/USD) is currently trading around 1.1803, positioned just above the 38 SMA but still below the +1/8 Murray level, suggesting a...

Technical analysis

Trading Outlook for Gold: Correction Ahead if 3,750 Breaks

Gold (XAU/USD) is currently hovering around 3,743 after hitting a fresh high near 3,760, with price action showing early signs of a mild...

Technical analysis

GBP/USD Technical Analysis for the Week of September 22–27

Trend outlook The pair is likely to continue its decline from the 1.3466 level, which marked the close of the last weekly candle....

Technical analysis

Bitcoin Holds Above $112,000

Bitcoin holds above 112000 Bitcoin stayed above the 112000 level even after a sharp intraday drop that seemed designed to shake out weaker...

Technical analysis

Gold and Silver Price Forecast Bulls Target $3,725 and $44 After Fed Rate Cut

Gold is holding near $3,715 above the $3,700 level after the Federal Reserve cut rates by 25 basis points. The outlook for more...

Technical analysis

US Dollar Price Forecast Greenback Holds Strength Before Powell’s Remarks GBP/USD and EUR/USD

The US Dollar Index is moving around 97.80 after the Federal Reserve cut interest rates by 25 basis points. Traders are now waiting...

Technical analysis

Oil Struggles Below 200-Day Moving Average Despite Geopolitical Risks

Crude oil prices started the week slightly higher but quickly lost momentum after facing resistance at the 200-day moving average around $63.00. The...

Technical analysis

Gold Pulls Back from Record High at $3,705

Gold prices retreated after touching a new all-time high, pressured by a stronger U.S. dollar following the Federal Reserve’s latest interest rate decision....

Technical analysis

The Pound Falls After New Borrowing Data

The British pound fell again on Friday after news showed that UK government borrowing in August was much higher than expected. This is...

Technical analysis

Bitcoin Faces Resistance at $118,000 Again

Bitcoin once again failed to break above the $118,000 level, showing that bulls currently lack enough strength to push higher. This suggests the...