GBP/USD is correcting losses and trading above the 1.2000 zone.
Important Takeaways for GBP/USD
· The British Pound started a decent recovery wave above the 1.2000 resistance zone.
· There was a break above a key bearish trend line with resistance near 1.1965 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
The British Pound started a fresh...
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 NZD/USD
· NZD/USD started a decent increase above the 0.6150 resistance zone.
· There is a major bullish trend line forming with support near 0.6220 on the hourly chart of NZD/USD.
NZD/USD Technical Analysis
The New Zealand Dollar started a decent increase from the...
AUD/USD declined below the 0.6780 level before it found support near 0.6700.
Important Takeaways for AUD/USD
· The Aussie Dollar started a fresh decline from the 0.6840 resistance against the US Dollar.
· There is a key bearish trend line forming with resistance near 0.6755 on the hourly chart of AUD/USD.
AUD/USD Technical Analysis
The Aussie Dollar started...
USD/JPY is also rising and might rally further above the 137.00 resistance.
Important Takeaways for USD/JPY
· USD/JPY is showing a lot of bullish signs above the 135.80 support zone.
· There is a major bullish trend line forming with support near 135.80 on the hourly chart.
USD/JPY Technical Analysis
The US Dollar started a fresh increase from the 130.00...
EUR/USD is correcting higher from the 1.0520 zone
Important Takeaways for EUR/USD
· The Euro started an upside correction above the 1.0550 resistance zone.
· There was a break above a key bearish trend line with resistance near 1.0570 on the hourly chart of EUR/USD.
EUR/USD Technical Analysis
This past week, the Euro saw bearish moves below the 1.0600...
EUR/GBP is rising and trading above the 0.8920 support zone.
Important Takeaways for EUR/GBP
· EUR/GBP found support near 0.8780 and is currently recovering higher.
· There is a key bullish trend line forming with support near 0.8805 on the hourly chart.
EUR/GBP Technical Analysis
The Euro started a steady decline from well above the 0.8900 zone against the...
GBP/USD started a fresh decline below the 1.2200 support zone.
Important Takeaways for GBP/USD
· The British Pound started a fresh decline from the 1.2150 resistance against the US Dollar.
· There is a major bearish trend line forming with resistance near 1.2000 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
The British Pound started a major...
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.
Crude oil price is attempting a recovery wave above the $75.50 resistance zone.
Important Takeaways for Gold and Oil
· Crude oil price started a fresh increase from the $73.75 support zone.
· There was a break above a major bearish trend line with resistance near $75.70 on the hourly chart of XTI/USD.
Oil Price Technical Analysis
Crude oil price also...
Gold price declined from the $1,850 resistance zone.
Important Takeaways for Gold
· Gold price started a strong decline below the $1,832 level against the US Dollar.
· A key bearish trend line is forming with resistance near $1,835 on the hourly chart of gold.
Gold Price Technical Analysis
Gold price struggled to clear the $1,850 resistance against the...
Anyone who has walked the streets of rural England over the past two years would be led to believe that there is no end to the continual economic doom and gloom.
Very concerned residents, combined with news headlines focusing on recessions, cost of living crises, virulent inflation and a noticeable downturn in standards of living would have likely been very...
EUR/JPY is rising and might rally further if it clears the 144.20 resistance zone.
Important Takeaways for EUR/JPY
· EUR/JPY started a steady increase after it found support near the 141.50.
· There is a major rising channel forming with support near 143.50 on the hourly chart.
EUR/JPY Technical Analysis
The Euro formed a base above the 141.50 support...
EUR/USD is struggling below the 1.0700 resistance zone.
Important Takeaways for EUR/USD
· The Euro started a fresh decline below the 1.0700 support zone.
· There is a key bearish trend line forming with resistance near 1.0670 on the hourly chart.
EUR/USD Technical Analysis
The Euro struggled to clear the 1.0800 zone and started a fresh decline against...
GBP/JPY could rise further unless there is a downside break below the 160.50 support.
Important Takeaways for GBP/JPY
· GBP/JPY started a fresh increase above the 160.00 resistance zone.
· There was a break above a key bearish trend line with resistance near 161.10 on the hourly chart.
GBP/JPY Technical Analysis
The British Pound started a fresh increase...
GBP/USD is attempting a recovery wave above the 1.2000 resistance.
Important Takeaways for GBP/USD
· The British Pound is slowly moving higher above 1.2000 against the US Dollar.
· There was a break above a key bearish trend line with resistance near 1.1970 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
This past week, the British Pound extended...
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 also declining and might accelerate lower below the 0.6220 support.
Important Takeaways for NZD/USD
· NZD/USD also started a fresh decline below the 0.6285 support zone.
· There is a major bearish trend line forming with resistance near 0.6260 on the hourly chart of NZD/USD.
NZD/USD Technical Analysis
The New Zealand Dollar also followed a...
