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 […]
Gold stays below $3,400 but remains above the 20-day EMA.
Gold prices are seeking new catalysts to break through the significant resistance at $3,400. Federal Reserve officials appear to be leaning towards a more dovish stance on monetary policy. President Trump intends to impose tariffs on China for purchasing oil from Russia. Gold Price (XAU/USD) is having a hard time surpassing the critical $3,400 mark […]
GBP/USD Price Prediction: Resistance is identified at 1.3300 close to the nine-day EMA
GBP/USD might see initial support near the lower edge of the downward channel around 1.3180. The 14-day relative strength index has dipped below 50, reinforcing a bearish outlook. The first resistance lies at the 9-day EMA at 1.3332. The GBP/USD pair is likely to trade in a sideways manner after a gain of over 0.5% […]
Gold Price Outlook: XAU/USD receives support under $3,300 while the 50-day EMA serves as an important obstacle
Gold prices stabilize temporarily, sitting just below $3,270, but further declines seem more probable. Traders adjusted their expectations, showing that Powell is not rushing into interest rate cuts. The US President remains optimistic about securing a trade agreement with China. During Thursday’s trading in Europe, gold prices (XAU/USD) climbed nearly 1% to about $3,315, rebounding […]
Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed
Gold Stabilizes After Four-Day Slide Gold (XAU/USD) has stabilized around $3,321 on Tuesday, after reaching a nearly three-week low of about $3,300, effectively stopping a four-day losing streak. Risk-on sentiments and easing geopolitical tensions are contributing to a reduction in demand for safe havens as the August 1 deadline approaches. The market remains cautious ahead […]