FXTradingAnalysis

FXTradingAnalysis Updated 

If the 2570 support level is breached, it could signal a potential for more downside movement. This level often acts as a key threshold where buyers typically step in to prevent further losses. However, once broken, it may indicate that selling pressure is intensifying, which could lead to a more significant decline in price. Traders should watch for a strong...

FXTradingAnalysis

The GBPNZD currency pair had been falling since 30 July 2024 , hitting a low of 2.0990 by 29 August 2024 . After that, the price started to show strength, suggesting the downtrend was losing steam. On 3 September 2024 , the price broke above the trendline, which was acting as resistance. This breakout signaled a change in direction, and the pair began to move...

FXTradingAnalysis Updated 

The GBP/AUD pair is currently in a downward movement, and we anticipate that this trend will continue until it reaches the trendline support level. At that point, there is a possibility the price could reverse and start moving upwards. However, if the pair breaks below the trendline support, the downtrend is likely to extend further, with the price potentially...

FXTradingAnalysis Updated 

We’ve noticed a bullish flag pattern forming on the EUR/USD currency pair. This technical pattern seems to indicate a potential upward movement. We’d love to get your perspectives on this. Do you agree with this analysis? Are there any other factors or technical signals you think should be considered? Looking forward to hearing your thoughts and any additional...

FXTradingAnalysis Updated 

GBP/CAD is currently trading at 1.7795 and moving sideways, indicating consolidation in the market. The key support level is positioned at 1.7690 , while resistance is seen at 1.7850 . Based on the current market structure, we believe GBP/CAD has the potential to rise and test the resistance at 1.7850 . This upward movement presents a trading opportunity of...

FXTradingAnalysis Updated 

USD/CAD has broken through the resistance level at 1.3530, signaling a potential upward move. The first target is at 1.3615, where we might see some initial resistance. If the momentum continues, the pair could reach the second target at 1.3700, marking a significant bullish trend. Traders should watch these levels closely for confirmation of the breakout and...

FXTradingAnalysis Updated 

The EUR/NZD currency pair is going up, moving from 1.7650 and getting close to 1.8000. This rise shows that the Euro is gaining strength against the New Zealand Dollar. If the trend continues, it might break through the 1.8000 level, leading to more gains. Keep an eye on the market to see if this upward trend continues.

FXTradingAnalysis

The CAD/CHF pair appears to be in a downtrend, forming a descending channel. It has recently broken through the support level at 0.6245, indicating further bearish momentum. The potential downside targets are: First Take Profit (TP1) : 0.6160 Second Take Profit (TP2) : 0.6100 The price could continue to drop towards these levels.

FXTradingAnalysis

EUR/JPY appears to be heading towards a drop, with the first target at 157.70. If this level is breached, the next target could be around 155.30. This downward momentum suggests that the pair might face continued selling pressure, making these levels key areas to watch.

FXTradingAnalysis

GBP/USD has been bearish since August 28, 2024, and we believe it will drop100 pips.

FXTradingAnalysis

Gold is currently trading at $2445 and may attempt to retest and break through the $2452 resistance. If it fails to break $2452, it could decline to $2432 and potentially $2420 if the $2432 support level is breached. Trade at your own risk.

FXTradingAnalysis

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis Updated 

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis Updated 

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...

FXTradingAnalysis Updated 

Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...