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…
The US Dollar Index may find primary support around the falling wedge’s lower boundary at 105.90. The 14-day RSI remains below 50, reinforcing bearish bias.…