Resistance

Who’s up for some range trading today? If you are, then you won’t want to miss EUR/JPY hitting a key resistance zone. I mean, check out how this 4-hour chart looks: EUR/JPY 4-hour Forex Chart by TV October has been really good for…

FED MINUTESThe U.S. dollar, as measured by the DXY index, was modestly higher on Wednesday, attempting to end a 5-day losing streak. Against this backdrop, both EUR/USD and AUD/USD traded with a negative bias, unable to sustain their…

AUD/USD TECHNICAL OUTLOOKAUD/USD rises for the fourth straight day, pressing against trendline resistance.Despite its recent recovery, the Aussie maintains a bearish profile.This article looks at AUD/USD’s key technical levels worth…

Share: Silver rebounds from a near $20.80 low, surging above $21.50, undeterred by positive US economic…

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…

RAND TALKING POINTS & ANALYSISHawkish Fed & poor local data weighs negatively on rand.Fed’s Bostic in focus later today.Possible ascending triangle breakout on USD/ZAR daily chart. Trade Smarter - Sign up for the DailyFX…

AUD/USD just bounced from a key area of interest and is heading fast for another area of interest! Will the pair maintain its consolidation today? Or will AUD bulls succeed in forcing a bullish reversal?AUD/USD: 4-Hour Forex Chart by…

Euro, EUR/USD, EUR/GBP – Technical Update:Euro might continue to weaken in the near termEUR/USD all set for the worst week since May?EUR/GBP ready to continue consolidation? Recommended by Daniel Dubrovsky Get…

Where the euro bears at? EUR/GBP has gained enough bullish momentum to possibly hit a long-term resistance zone! Will the pair get rejected in the area? Or will we see new monthly highs for the pair? EUR/GBP Daily Forex Chart by TV…

XAU/USD PRICE FORECAST:Gold (XAU/USD) Bounces as the DXY Faces a Key Resistance Hurdle.The Higher Rates for Longer Narrative is Likely to Weigh on the Precious Metal Moving Forward as Fed Projections Price in Only 50bps of Cuts in 2024,…