AUDUSD Daily Analysis – July 28, 2023
AUDUSD has recently extended its downward trend, falling from 0.6894 to as low as 0.6622. As long as the price stays below the falling trend line on the 4-hour chart, the downside move could be expected to...
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GBPUSD Daily Analysis – July 28, 2023
After touching the 1.2963 resistance level, GBPUSD dropped sharply to 1.2762, breaking below the 1.2797 support level. This suggests that the pair remains in a downtrend from 1.3141. Further decline is likely to be seen in the...
EURUSD Daily Analysis – July 28, 2023
After touching the 1.1146 resistance level, EURUSD dropped sharply to 1.0943, breaking below the 1.1020 support level. This indicates that the pair remains in a downtrend from 1.1275. Further decline is still possible in the coming days,...
USDCAD Daily Analysis – July 27, 2023
USDCAD has failed to break above the 1.3242 resistance level and remains within a trading range between 1.3092 and 1.3242. In the coming days, another fall towards the 1.3092 support level is likely. If the price were...
USDJPY Daily Analysis – July 27, 2023
USDJPY has recently broken below the support of a rising price channel on the 4-hour chart, suggesting that the upside move from 137.23 has already completed at 141.94. The fall from 141.94 has now reached as low...
AUDUSD Daily Analysis – July 27, 2023
AUDUSD has recently broken above the falling trend line on the 4-hour chart, suggesting that the downside move from 0.6894 has already completed at 0.6714. This could lead to a further rally in the coming days, with...
GBPUSD Daily Analysis – July 27, 2023
GBPUSD has recently extended its upward trend, rising from 1.2797 to as high as 1.2976 and breaking above the 1.2883 resistance level. This could lead to further rise in the coming days, with the next target being...
EURUSD Daily Analysis – July 27, 2023
EURUSD has recently broken above the falling trend line on the 4-hour chart, suggesting that the downside move from 1.1275 has already completed at 1.1020. This could lead to a further rally, with the next target being...
NASDAQ Technical Analysis: Uptrend Continues
NASDAQ has recently extended its upward trend, rising from 11678 to as high as 15947. As long as the price stays within the rising price channel on the daily chart, the upside move could be expected to...
WTI Oil Price: Upside Move Continues
WTI has recently extended its upward trend, rising from 63.95 to as high as 79.76 and breaking above the 74.65 resistance level. This could lead to a further rise towards the key resistance level of 83.37 in...