Tag: Support and resistance levels

GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on...

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its...

GBP/USD has been trading within a tight 30-pip range recently, showing signs of consolidation in the market. This comes as the focus shifts to...

The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for...

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near...

I am being careful with risky investments right now, but I can see reasons to be hopeful. Firstly, the Federal Reserve has shown its...