EUR/USD started a major increase above the 1.0800 resistance.
Important Takeaways for EUR/USD
· The Euro started a fresh increase from the 1.0720 support against the US Dollar.
· There is a key rising channel forming with support near 1.0830 on the hourly chart of EUR/USD.
EUR/USD Technical Analysis
After a steady decline, the Euro found support near the...
Volatility within the British Pound has been a considerable point of interest recently, especially since the Pound bounced back during the early part of this quarter from a sustained period of decline against the Euro and US Dollar which took place for several months, beginning late last year.
Today, the British Pound is trading at the higher end of the 1.23...
GBP/USD is showing positive signs above the 1.2200 support.
Important Takeaways for GBP/USD
· The British Pound started a downside correction from the 1.2340 resistance zone.
· There was a break below a key bullish trend lien with support near 1.2280 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
The British Pound started a fresh decline from...
USD/CAD corrected gains and now trading near a key support at 1.3720.
Important Takeaways for USD/CAD
· USD/CAD is correcting gains from the 1.3800 resistance zone.
· There was a break above a major bearish trend line with resistance near 1.3730 on the hourly chart.
USD/CAD Technical Analysis
The US Dollar gained pace for a move above the 1.3680...
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In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.
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CFDs are complex instrument
Crude oil price is declining and remains at a risk of more losses below $70.
Important Takeaways for Oil
· Crude oil price started a fresh decline below the $70.50 support zone.
· There was a break below a rising channel with support near $70.40 on the hourly chart of XTI/USD.
Oil Price Technical Analysis
Crude oil price also started a fresh decline from...
Gold price is rising and gaining pace above the $1,950 resistance.
Important Takeaways for Gold
· Gold price started a fresh increase above the $1,950 resistance against the US Dollar.
· It broke a key bearish trend line with resistance near $1,945 on the hourly chart of gold.
Gold Price Technical Analysis
Gold price formed a base above the $1,940 support...
USD/JPY is also rising and might rally further above the 132.60 resistance.
Important Takeaways for USD/JPY
· USD/JPY is showing a lot of bullish signs above the 131.80 support zone.
· There was a break above a major bearish trend line with resistance near 131.50 on the hourly chart.
USD/JPY Technical Analysis
The US Dollar started a fresh increase from...
EUR/USD gained pace for a move above the 1.0700 resistance.
Important Takeaways for EUR/USD
· The Euro started a fresh increase above the 1.0700 resistance zone.
· There is a key bullish trend line forming with support near 1.0740 on the hourly chart of EUR/USD.
EUR/USD Technical Analysis
This past week, the Euro found support near the 1.0530 zone...
There has been so much focus on the shock waves that have been sent through the global markets this week as a result of what has now become viewed as a ‘banking crisis’ that only a downward direction in value for stocks and currencies has been considered.
Credit Suisse, the second largest Swiss bank, and one of the world’s largest Tier 1 interbank Forex dealers...
EUR/GBP is struggling and facing resistance near the 0.8780 level.
Important Takeaways for EUR/GBP
· EUR/GBP found support near 0.8715 and is currently recovering higher.
· There is a major bearish trend line forming with resistance near 0.8780 on the hourly chart.
EUR/GBP Technical Analysis
The Euro started a steady decline from well above the 0.8850...
GBP/USD started a fresh increase above the 1.2000 resistance zone.
Important Takeaways for GBP/USD
· The British Pound started a fresh increase above the 1.2000 barrier against the US Dollar.
· There was a break above a key bearish trend line with resistance near 1.2120 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
The British Pound steady...
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.
🌐 FXOpen official website: www.fxopen.com
CFDs are complex instruments and come with a high risk of losing your money.
NZD/USD is rising and might aim a move above the 0.6250 resistance.
Important Takeaways for AUD/USD
· NZD/USD started a decent increase above the 0.6200 resistance zone.
· There is a major bullish trend line forming with support near 0.6180 on the hourly chart of NZD/USD.
NZD/USD Technical Analysis
The New Zealand Dollar started a decent increase from the...
AUD/USD started a fresh increase above the 0.6680 resistance zone.
Important Takeaways for AUD/USD
· The Aussie Dollar started a fresh increase above the 0.6650 resistance against the US Dollar.
· There is a key bullish trend line forming with support near 0.6680 on the hourly chart of AUD/USD.
AUD/USD Technical Analysis
The Aussie Dollar found support...
EUR/JPY is rising and might rally further if it clears the 144.50 resistance zone.
Important Takeaways for EUR/JPY
· EUR/JPY started a steady increase after it found support near the 141.40.
· There was a break above a major bearish trend line with resistance near 143.65 on the hourly chart.
EUR/JPY Technical Analysis
The Euro formed a base above the...
EUR/USD is eyeing a steady increase above the 1.0750 resistance.
Important Takeaways for EUR/USD
· The Euro started a fresh increase above the 1.0700 support zone.
· There is a key bullish trend line forming with support near 1.0740 on the hourly chart.
EUR/USD Technical Analysis
The Euro remained well bid above the 1.0550 zone and started a fresh...
GBP/JPY could start a decent increase if there is a clear move above the 163.00 resistance.
Important Takeaways for GBP/JPY
· GBP/JPY is showing a lot of bullish signs above the 161.50 support.
· There is a major trend line forming with resistance near 164.40 on the hourly chart.
GBP/JPY Technical Analysis
The British Pound started a fresh decline from...
