GBP/USD Price Prediction: Stays near 1.3550, with support seen around the nine-day EMA
Market Update on GBP/USD GBP/USD might hit a significant resistance at 1.3616, the highest level since February 2022. The bullish outlook is expanding as the 14-day RSI stays above 50. Initial support is identified at the 9-day EMA of 1.3526. The GBP/USD pair has retraced some of its recent gains, currently hovering around 1.3540 during […]
GBP/USD Price Forecast: Hovers around 1.2950 near nine-day EMA – FXStreet
GBP/USD challenges immediate resistance near a four-month high of 1.3014. The pair will climb above the nine-day EMA, bolstering the bullish outlook for short-term price action. The 9-day EMA of 1.2936 serves as the closest level of support. The GBP/USD pair has been stable profitable from the previous session, hovering around 1.2950 during Asian trading […]
USD/CAD Price Forecast: Could test 1.4200 barrier near nine-day EMA – FXStreet
USD/CAD is traded within falling wedge patterns. This pair could be instantly supported around the upper limit of 1.4100 fall wedges. The immediate resistance zone appears near the 9-day EMA of 1.4230 and is aligned with the upper limit of the falling wedge. The USD/CAD pair has waived recent profits from the previous session, trading […]
GBP/JPY Price Analysis: Finds support around nine-day EMA at 191.00 – FXStreet
GBP/JPY will test instant support on 9-day EMA at 191.00. The 14-day RSI is below 50 years old, with a bearish momentum increasing. Currency Cross can test immediate resistance at 14-day EMA on 191.17. GBP/JPY has been winning streak in three consecutive sessions, trading around 191.00 on Monday during European time. Daily chart analysis shows […]
EUR/USD Price Analysis: Immediate resistance appears at nine-day EMA above 1.0400 – FXStreet
EUR/USD could fall further due to weak short-term price momentum. The first support level is seen at 1.0332, the two-year low recorded on November 22nd. The 9-day EMA serves as an immediate resistance at the 1.0417 level. EUR/USD has regained recent losses from the previous session and is trading around 1.0410 in European time on […]
GBP/USD Price Forecast: Tests nine-day EMA above descending channel near 1.2550 – FXStreet
GBP/USD is located above the descending channel, suggesting a weakening bearish bias. The upper bound of the descending channel acts as a major support near the 1.2540 level. Immediate resistance appears at the 9-day EMA at the 1.2565 level. GBP/USD has regained recent losses and is trading around 1.2550 in European time on Tuesday. Daily […]
XRP Looks to Breach Valhalla Gateway at $2 Amid Multiple Closes Below 21 EMA – The Crypto Basic
XRP is currently on the verge of breaking through the “Valhalla Gateway” identified by market analyst EGRAG at the $2 threshold, with multiple monthly closes below the 21 EMA. Amid recent market uptrend that sees XRP retested $0.60 level, EGRAG updated X with its position on crypto assets. The market analyst called attention to past […]