GBP/USD Price Prediction: Drops toward 1.3400 near 50-day EMA
The GBP/USD currency pair continued its downward trend for a second day, trading around 1.3420 during Asian hours on Monday. A look at the daily chart reveals that the 14-day Relative Strength Index (RSI) has moved down from the overbought zone, now at 53, which is neutral, but it still stays above the middle line, […]
EUR/USD Price Outlook: Approaches nine-day EMA support around 1.1750
The EUR/USD has seen a decline for four consecutive days, hovering around the 1.1760 mark in Asian trading on Monday. Chart analysis suggests that there’s a waning bullish sentiment as the pair struggles to stay above the lower limit of its ascending channel pattern. The 14-day Relative Strength Index (RSI) currently sits at 63.92. This […]
Gold Price Outlook: XAU/USD approaches $4,230, stays largely above the 20-day EMA
Gold prices (XAU/USD) increased by 0.4% to almost $4,230 during trading on Friday in Europe. The yellow metal has been maintaining a stable position, oscillating within a narrow range of $4,164 to $4,265 for the last four days. The outlook for precious metals appears optimistic, with analysts anticipating that the US Federal Reserve will announce […]
GBP/USD Price Outlook: Weakens under 100-day EMA with a negative technical pattern
The GBP/USD pair is trading at around 1.3225 during early European hours on Monday. There’s a growing belief that the Federal Reserve might cut rates in December, which could pressure the dollar and limit declines in key currency pairs. According to the CME FedWatch tool, traders are estimating an 87% likelihood of a 25 basis […]
Dogecoin Examines Weekly EMA Support as Bears Push Price Down by 5%
Memecoin dropped below the crucial $0.1720 level amidst heavy trading volume, indicating a strong seller presence in the London market and putting long-term technical support to the test. Background on the situation On Tuesday, Dogecoin saw an additional decline, decreasing by 5.5% from $0.1831 to $0.1730 as negative momentum intensified during the European trading hours. […]
EUR/USD Price Outlook: Negative trend remains under 100-day EMA around 1.1550
During the early hours of Wednesday’s European trading session, EUR/USD is slightly down, hovering around 1.1565. The US dollar has gained a bit against the euro, likely driven by optimism that the US government shutdown may soon come to an end. Later on Monday, the Eurozone is set to release its Centix Investor Confidence Report […]
AUD/USD Prediction for 05/11: Declines Toward 200-Day EMA (Video)
Created on November 5, 2025 I’m taking a closer look at the recent dip in the Australian dollar as it approaches the 200-day EMA, especially amid a stronger US dollar. Although there may be some short-term gains, I still feel bearish and am watching key support around 0.64 and resistance near 0.6650-0.67. On Tuesday, the […]
USD/JPY Price Outlook: Aims to rise above 200-day EMA
The Japanese yen is experiencing a significant decline in performance against the US dollar. Economists are anticipating a moderate annual increase of 2.5% in the Tokyo CPI Ex. Fresh food for August. The US dollar remains stable, as Federal Reserve Governor Lisa Cook prepares to file a lawsuit to contest her firing. During the late […]
AUD/JPY Price Outlook: Continues to rise above the 100-day EMA near 95.50
AUD/JPY climbed to about 95.45 in the early European hours on Friday, marking a daily increase of 0.24%. The optimistic outlook for this currency pair has outstripped the 100-day EMA, but it’s still possible to see some short-term fluctuations. Resistance levels are identified in the 96.00-96.10 range, while initial support is placed at 95.10. The […]
USD/CAD Update 21/08: Remains Close to 200 Day EMA (Video)
Created on August 21, 2025 Potential signals: I’m optimistic about this currency pair. With a breach of the 200-day EMA, I plan to keep buying, aiming for targets around 1.38 and 1.3990. On Wednesday, trading was relatively subdued, with the US dollar fluctuating slightly against the Canadian dollar within a narrow band. The 200-day EMA […]