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Fri, May 03, 2024

Latest Trading News and Chart Analysis

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EURUSD is going to reach the important Support Zone

EURUSD Analysis EURUSD is going to reach the important support zone in the daily time frame chart. EURUSD is moving…

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Gold has formed a Double bottom

Gold has formed a double bottom in the 4-hour timeframe chart. Gold has tested the support zone 1680 twice and…

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Japanese Yen got weak due to tighter lockdown. USDJPY is going to reach the Resistance level 112.00

USDJPY Analysis USDJPY is going to reach the Resistance zone 112.00 Japanese Yen makes lower as Japanese Government makes tighter…

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USDCHF is going to reach the top level of the downtrend line

USDCHF is going to reach the top level (lower high) of the downtrend line (descending channel) in the weekly timeframe…

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GBPUSD descending channel moving towards the Retest zone 1.35

UK Government announced 400 Million for a Loan UK Government has announced the 400 million pounds as Grants and Loans…

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GBPJPY breakout level becomes Strong support now

GBPJPY Analysis GBPJPY is moving in a very strong uptrend. GBPJPY has retested the old broken resistance which act as…

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Breakout at the trend line and old resistance = new support now

NZDUSD Analysis Recently, NZDUSD has broken the bottom level of the Uptrend line. If NZDUSD continues to fall, then it…

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Head and Shoulder Pattern has formed on AUDUSD

AUDUSD Analysis AUDUSD starts to fall by forming head and shoulder pattern in the daily timeframe chart. In another view,…

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Forex Analysis on Major Currencies

  Key Highlights The EUR continues to feel the pressure of the strong USD GBP still putting more pressure on…

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Gold price hits the low exactly after 1-year. Is it good to buy now?

Gold Analysis Gold has reached the higher low zone of the Uptrend line in the weekly time frame chart. Exactly…

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Euro and Pound Dollar is trying to retest the Support zones

EURUSD EURUSD has broken the bottom of the uptrend line, retested the broken level and starts to move now between…

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Crude Oil is making a correction now

Crude Oil Price Analysis Crude oil has formed a Falling Wedge pattern in the Weekly Timeframe Chart. Due to the…

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