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The GBP/USD pair continues its sharp decline, trading around 1.2147 after several days of significant losses. On the 4-hour chart, the dominant bearish trend is evident, with the price trading below the EMA 34 and EMA 89, which act as "pressure walls" pushing the price further down. The bearish momentum is likely to persist unless GBP/USD can break above the...

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The USD/JPY pair is trading around 157.53, exhibiting a sideway trend with a slight downward bias as the market remains cautious. On the 4-hour chart, the price is squeezed between the strong resistance zone at 158.61 and the key support level at 156.98. The EMA 34 and EMA 89 moving averages are positioned above the current price, acting as a "dynamic ceiling"...

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EUR/USD resembles a small boat struggling against the current, hovering around the 1.0240 mark. The 4-hour chart paints a bleak picture: the pair is stuck in a descending channel with strong resistance at 1.0305, where the EMA 34 and EMA 89 act as "stone walls," blocking any attempts at recovery. Market sentiment remains under pressure as the US dollar continues...

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Gold prices hover below $2,700, showing signs of exhaustion as the bulls face strong resistance in the $2,750-$2,761 range. The daily chart reflects a sideway downtrend, with the price locked in a tug-of-war between buyers and sellers. The ascending trendline and key support at $2,623 act as the last bastions for the bulls, while the 34 and 89 EMA stand firm as...

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USD/JPY wavers like a weary warrior, hovering around the 158.00 level after reaching its highest point in months. The daily chart paints a picture of contradiction: above lies strong resistance at 158.55 and further at 165.79, while below, key support at 156.31 is reinforced by the EMA 34 and EMA 89 acting as protective shields. However, the bullish momentum seems...

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EUR/USD sinks further below the 1.0300 level, like a small boat drifting aimlessly in a long-term bearish channel. Every attempt to climb back toward the 1.0305 zone—where the EMA 34 and EMA 89 form a "stone wall"—is swiftly rejected. The 4-hour chart paints a bleak picture, with the pair stuck between the resistance at 1.0305 and the critical support at...

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Gold is inching closer to the $2,700 resistance level, like a warrior venturing into a final battle. After dipping to $2,660 in response to strong U.S. jobs data, XAU/USD quickly rebounded, but the $2,700–$2,723 zone remains a significant "fortress" to conquer. The daily chart reveals the EMA 34 and EMA 89 acting as "shields," protecting the uptrend and keeping...

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GBP/USD, like an athlete losing momentum, drifts gently around the 1.2300 mark after plunging to a 14-month low at 1.2238. The 4-hour chart sketches a challenging journey, with the extended bearish channel acting as a guiding thread, while the EMA 34 and EMA 89 stand firm as “stone walls” blocking any recovery attempts in the 1.2410-1.2492 zone. Sellers continue...

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The USD/JPY pair remains stable around the 158.00 level, reflecting the market’s cautious sentiment ahead of the U.S. NFP data. The 2-hour chart illustrates a sideways range with a slight upward trend, with the nearest resistance at 158.55 and support at 157.66. The EMA 34 and EMA 89 continue to stay below the price, acting as “dynamic support” for the...

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EUR/USD, like a fighter spinning in a familiar ring, clings to the 1.0300 level under pressure from all directions. The 4-hour chart paints a picture of indecision: the 1.0258 support acts as the final shield, while the 1.0430 resistance stands as the peak awaiting conquest. The EMA 34 and 89 lines form invisible chains, restraining every upward attempt. Market...

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Gold is treading cautiously around $2,674, just a breath away from the four-week peak at $2,678. The 4-hour chart reveals a tense battle at the resistance zone of $2,690-$2,700, a level gold must breach to continue its upward conquest. The EMA 34 and 89 act as loyal companions, supporting the price within the upward trend yet underscoring its fragility. Behind...

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EUR/USD hovers around 1.0300, extending its three-day losing streak amid a tug-of-war in the market. The 4-hour chart reveals a sideways pattern with resistance at 1.0400 and strong support at 1.0255. The EMA 34 and 89 act as dynamic barriers, preventing any significant rebound. Positive German industrial production data failed to lift the Euro against a...

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Gold is holding steady at $2,665, like a gladiator facing the challenge of the $2,689-$2,718 resistance zone. The EMA 34 and 89 stand as formidable barriers, while the $2,647 support acts as the final line of defense. The three-day rally, fueled by geopolitical risks and declining U.S. bond yields, faces a fragile path as the shadow of a strong USD looms over the...

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Gold is anchored at $2,647, standing resilient like a warrior against opposing winds. The EMA 34 and 89 intertwine as a shield, guarding the $2,619 level, while the $2,663 zone rises like an unyielding fortress. Geopolitical risks and the shadow of Trump’s tariffs ignite hope for buyers, yet U.S. bond yields scatter thorns along the path upward. The market holds...

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The GBP/USD pair is currently trading around 1.2515 after recovering from the sharp decline that drove the pair below 1.2400 for the first time in nearly ten months. The 2-hour chart highlights a potential bullish rebound, supported by the price bouncing off the 1.2350 support level. Key resistance looms at 1.2600, where further upward movement may encounter...

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The USD/JPY pair is currently trading around 157.27, maintaining a sideways trend on the 4-hour chart. The price is constrained by strong resistance at 157.65 and support at 156.00. The EMA 34 and EMA 89 continue to act as dynamic support, preventing deeper declines while also posing a barrier to short-term upward momentum. Market sentiment remains cautious,...

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The EUR/USD pair is currently trading around 1.0270, extending its sharp decline into the first trading sessions of 2025. This marks a critical moment as the pair reaches its lowest level in nearly 26 months, driven by a strong bearish momentum. On the 4-hour chart, EUR/USD remains entrenched within a descending channel, with resistance aligned at 1.0367 and lower...

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XAU/USD trades near $2,660, moving sideways between key support at $2,580 - $2,590 and resistance at $2,710 - $2,720. The 34-day and 89-day EMAs provide dynamic support and resistance, maintaining the consolidation. Safe-haven demand remains strong due to ongoing tensions in the Middle East and the Russia-Ukraine conflict, supporting gold’s value. In the short...