The GBP/USD pair is currently trading around 1.2530, showcasing a sideways trend within a narrow range. On the 4-hour chart, the price oscillates between the key support zone of 1.2500 - 1.2510 and the resistance zone of 1.2590 - 1.2600. The moving averages, EMA 34 and EMA 89, are providing dynamic resistance, further limiting any significant upward movement. The...
USD/JPY is currently trading near 157.23, displaying a clear sideways trend on the 4-hour timeframe. The chart indicates the pair fluctuates within the price range of 155.70 - 158.20, reinforced by selling pressure from the strong resistance at 158.20 and solid support at 155.70. The EMA 34 and EMA 89 serve as dynamic supports, providing a foundation to keep the...
EUR/USD is trading around 1.0365, exhibiting a short-term sideways trend but facing increasing bearish pressure from the key resistance zone at 1.0414. On the 4-hour chart, the descending trendline and EMA 34 (1.0410) and EMA 89 (1.0440) act as strong barriers, limiting any recovery attempts. On the downside, the primary support zone at 1.0342 - 1.0291 is...
EUR/USD is trading around 1.0365, exhibiting a short-term sideways trend but facing increasing bearish pressure from the key resistance zone at 1.0414. On the 4-hour chart, the descending trendline and EMA 34 (1.0410) and EMA 89 (1.0440) act as strong barriers, limiting any recovery attempts. On the downside, the primary support zone at 1.0342 - 1.0291 is...
Gold (XAU/USD) is currently trading around $2,634, showing a sideways consolidation after bouncing off the critical support zone at $2,603. On the 4-hour chart, the rising trendline and this support zone continue to act as a foundation for buyers. The strong resistance at $2,651 is capping further gains, and a breakout above this level could push prices toward...
GBP/USD is currently trading near 1.2577 after recovering slightly from a dip to 1.2500 earlier in the day. On the 4-hour chart, the pair remains constrained by strong resistance at 1.2608, a level reinforced by the EMA 34 at 1.2559 and the EMA 89 at 1.2613. Despite the recovery, the overall bearish trend remains intact, with downside risks persisting. Key support...
USD/JPY is trading at 157.84, showing bullish momentum supported by Tokyo's CPI data and solid US Dollar fundamentals. The Tokyo CPI rose to 3.0% YoY in December from 2.6% in November, bolstering expectations for a potential BoJ rate hike in January. Concurrently, the US Dollar gained strength as market expectations for fewer Fed rate cuts in 2025 solidified. On...
The EUR/USD pair is currently trading above 1.0400, exhibiting a sideways trend as it consolidates within a narrow range. On the 1-hour chart, the pair is supported by a strong ascending trendline near 1.0415, while the EMA 34 (1.0414) and EMA 89 (1.0440) provide dynamic support and resistance levels, respectively. The key resistance zone at 1.0440 - 1.0450...
Gold is currently trading around $2,622, signaling a sideways trend before potentially moving lower. On the 4-hour chart, prices are confined within a narrow range, capped by a strong resistance zone at $2,635 - $2,640, where the EMA 89 ($2,635) acts as a key barrier. Conversely, crucial support at $2,610 - $2,615 serves as a pivotal level to limit downside...
GBP/USD is trading around 1.2537, with a bearish bias prevailing. The strong resistance zone at 1.2547 - 1.2550, reinforced by the EMA 34 (1.2535) and EMA 89 (1.2573), is limiting upward momentum. Conversely, the support at 1.2504 - 1.2500 remains a critical level; a break below this could push the price towards 1.2460. The bearish pressure is driven by weak UK...
GBP/USD remains in a sideways trend around the 1.2550 level on the 4-hour chart. The EMA 34 (1.2576) and EMA 89 (1.2633) act as dynamic resistances, limiting upward momentum. Key support at 1.2480 continues to serve as a strong defensive level, preventing deeper declines. Thin trading conditions due to the holiday season have left the market lacking clear...
USD/JPY is hovering around 157.40, testing the critical resistance zone at 157.75 - 158.00, where buyers appear to be "losing steam" under increasing selling pressure. On the 4-hour chart, the uptrend remains intact, supported by the ascending price channel, with the EMA 34 (156.17) and EMA 89 (154.47) acting as solid supports. However, signs of a potential...
EUR/USD continues to oscillate within a downtrend on the 4-hour chart, confined to a descending price channel, trading around 1.0398. Key resistance at 1.0445 - 1.0450, reinforced by the EMA 34 (1.0420) and EMA 89 (1.0466), has repeatedly rejected recovery attempts, indicating that selling pressure remains dominant. Meanwhile, strong support at 1.0275 - 1.0280...
Gold prices are holding an upward trend on the 4-hour chart, trading around $2,626. The ascending trendline provides strong support, complemented by EMA 34 ($2,624) and EMA 89 ($2,638), which add momentum for further gains. The key resistance zone at $2,638 - $2,640 poses a significant hurdle for the price to overcome to sustain the bullish momentum. The current...
GBP/USD is trading sideways within a narrow range around 1.2535, facing pressure from the descending trendline and dynamic resistance at the EMA 34 (1.2591) and EMA 89 (1.2646) on the 4-hour chart. The key support level at 1.2477 serves as a strong buffer, preventing the price from falling further. The chart indicates a sideways movement, reflecting market...
USD/JPY continues to trade within a narrow range around 157.00, maintaining a sideways trend on the 4-hour chart. The ascending trendline and EMA 34 (155.71) and EMA 89 (154.06) act as dynamic support, keeping the price stable despite selling pressure. The key resistance zone at 158.30 - 158.50 remains a significant barrier, as the price has repeatedly been...
EUR/USD continues to trade within a narrow range around 1.0400 - 1.0430, showing no clear breakout signals. On the 4-hour chart, strong resistance at 1.0440 - 1.0450 is reinforced by the EMA 34 (1.0431) and EMA 89 (1.0477), while key support lies at 1.0340 - 1.0350, a zone where the price previously rebounded. The current sideways movement reflects the tug-of-war...
XAU/USD continues to trade in a sideways pattern ahead of the holiday season, currently hovering around 2,617 USD. On the 1-hour chart, the price is supported by an upward trendline and the EMA 34 (2,616 USD), while the key resistance zone lies between 2,632 - 2,635 USD. The primary support at 2,609 USD serves as a critical level, limiting further downside. Amid...