On the 4-hour chart, the USD/JPY pair is in a strong uptrend, currently trading at 157.43. The price continues to hold above the EMAs, especially the EMA 34 and EMA 89, indicating the strength of the current uptrend. Furthermore, the RSI is currently at 54.40, indicating that the market is not yet in the overbought zone, signaling a possible further increase. A...
On the 4-hour chart, GBP/USD continues its downtrend as it trades around 1.2523. The 34 EMA and 89 EMA are still pointing down, reinforcing selling pressure. The price is currently below both EMAs, indicating that the downtrend is still in place. Currently, the key support zone is around 1.2500, and if broken, the price could continue to decline to 1.2450 or...
The EUR/USD 1-hour chart shows that the price is moving within a clear downtrend channel. Currently, the pair is hovering around 1.0359 after a sharp decline and temporary bottom. The EMA 34 and EMA 89 continue to point down, confirming the long-term downtrend. A key resistance zone is identified in the 1.0375–1.0385 area, and if the price fails to break above...
On the first day of 2025, gold prices recorded an increase to $2,625/ounce, $25 higher than the lowest level of the last session of 2024. This move took place in the context of the US stock market falling, forcing many investors to sell stocks and shift capital to gold, a safe-haven asset. January is usually the time when gold prices increase the most in the...
On the 4-hour chart, the USD/JPY pair is trading around 157.806, indicating a strong uptrend. The EMA 34 and EMA 89 continue to support the uptrend, with the EMA 34 above the EMA 89, reinforcing the upside momentum. Fibonacci Retracement shows the next resistance levels at 158.50 (0.5 level) and 159.30 (0.618 level). The trading volume is stable, the price moves...
GBP/USD is currently trading around 1.25795, moving sideways after reaching a short-term top near 1.2581. On the 1-hour chart, the price is hovering near the 34 and 89 EMAs, with the 34 EMA above the 89 EMA, suggesting that the uptrend is still in place. However, the upside momentum is slowing down as the price faces resistance in the 1.2580-1.2600 zone. I see...
EUR/USD is currently trading around 1.04265 and is struggling to stay above short-term support levels. On the daily chart, the 34 and 89 EMAs continue to show a medium-term downtrend, with the gap between the two remaining quite large. This suggests that the bears are in control. Prices are hovering below strong resistance levels at 1.0450. If prices break this...
Gold is currently hovering around $2,625/ounce, driven by two main factors: safe-haven demand and pressure from a strong USD and rising bond yields. On the 4-hour chart, the price is testing the resistance zone at $2,640, with the 34 and 89 EMAs forming a neutral zone. If the price breaks through this level, the next target will be $2,670. Conversely, if the price...
On the EUR/USD 4-hour chart, the Ichimoku indicator system shows that the market is in a tug of war as the price is currently trading within the Kumo cloud, indicating a trendless period. The front Kumo cloud is thinning and showing signs of turning from red to green, suggesting a possible uptrend if the price breaks above the important resistance zone. The...
The world gold price on the daily frame is currently trading at $2,622/ounce, down slightly by 0.45% compared to the previous session. The technical chart shows that the price is fluctuating between two important EMAs. The EMA 34 acts as dynamic resistance at the $2,640 area, while the EMA 89 provides strong support at $2,600. The main trend remains a correction...
USD/JPY is showing signs of a slight correction after hitting a recent high at 157.76. Currently, the price is trading around 157.58, with the EMA 34 and EMA 89 continuing to act as important support for the uptrend. Specifically, the EMA 34 (purple) is just below the price, indicating that the short-term bullish momentum is still intact. Meanwhile, the EMA 89...
The GBP/USD pair is currently trading around 1.2523 on the 1-hour time frame, suggesting that the bearish bias is in control. The 34 and 89 EMAs form a dynamic resistance zone, with the 89 EMA at 1.2545 continuing to act as a strong barrier, reinforcing the bearish outlook. The current price pattern suggests a narrow range move, with selling pressure increasing...
EUR/USD is currently trading within a clear downtrend channel on the 4-hour chart, with the price around 1.0412. The pair faces a key resistance zone at 1.0440, while the 34 and 89 EMAs continue to slope downwards, reinforcing the medium-term downtrend. Failure to break above 1.0440 could see a pullback towards the support zone at 1.0350. Conversely, a break below...
The world gold price is trading around $2,631/ounce, with short-term recovery efforts after breaking through the EMA 34 at $2,625. However, pressure from the EMA 89, corresponding to the strong resistance zone of $2,640 - $2,650, continues to make it difficult for buyers. On the 4-hour chart, the gold price shows a tug-of-war signal, as the MACD index converges...
USD/JPY is trading at 157.47 on the 4-hour chart, continuing to maintain a strong uptrend with solid support from the 34-EMA and 89-EMA. Both moving averages are sloping up, confirming the long-term uptrend. Currently, the price is approaching the recent high at 157.50, which could be a short-term resistance zone to watch. This steady increase is supported by the...
The GBP/USD pair is trading around 1.2543 on the 1-hour chart, with the main trend being down, defined by a clear downward trend channel. The current price is hovering near the middle line of the channel, reflecting the indecision of the market in the short term. The main technical signals show that both the 34 EMA and the 89 EMA are sloping down, reinforcing the...
The EUR/USD 4-hour chart shows that the price is trading around 1.0398, close to the center line of the Bollinger Bands (20 SMA). This reflects a temporary stabilization after the previous sharp decline, with the Bollinger Bands starting to narrow, signaling a weakening in price volatility. The price zone around 1.0450 is marked as an important short-term...
As the world enters the Christmas and New Year holidays, the gold market appears to be stagnant with a narrow range of fluctuations. However, experts warn that, although this calm is typical in the end of the year, investors need to be cautious with increasingly positive global economic signals. On the 4-hour chart, gold is currently trading around $2,626/ounce,...