The EUR/USD may test immediate support at the nine-day EMA of 1.0846 in an attempt to re-enter the ascending triangle. The 14-day RSI remains above 50,…
EUR/JPY may face key resistance at the upper boundary of the ascending channel near 164.50. The 14-day Relative Strength Index stays above 50, strengthening the…
EUR/CAD could encounter resistance while attempting to re-enter the ascending channel near its lower boundary around 1.5780. The 14-day RSI has pulled back to the…
GBP/USD may aim for immediate resistance at the four-month high of 1.2989. If the 14-day RSI exceeds 70, it will signal overbought conditions and a…
NZD/USD could challenge the upper trendline of the rectangle at 0.5780, followed by the three-month high of 0.5794. The bearish rectangle pattern indicates a potential…
Silver price may test the primary support at the nine-day EMA of $32.21. The 14-day RSI remains above the 50 mark, confirming a bullish bias.…
USD/JPY could aim for initial support at the five-month low of 148.10. The pair continues to decline within a descending channel, reinforcing a confirmed bearish…
AUD/JPY could target the psychological support level at 93.00. The 14-day RSI is positioned above the 30 mark, reinforcing the prevailing bearish bias. The pair…
GBP/USD Price Forecast: Tests 1.2650 support near nine-day EMA The GBP/USD pair gives up part of its recent gains from the prior session, hovering around 1.2650 during…
The GBP/USD pair could target the nine-day EMA support at 1.2613. The 14-day RSI remains above the 50 level, indicating sustained bullish momentum. The initial…