Silver Price Outlook: XAG/USD remains above $77.00 after rebounding from the nine-day EMA
After two days of decline, silver prices (XAG/USD) have started to climb, currently sitting at about $77.20 per troy ounce during Asian trading on Friday. A look at the daily chart suggests the price is still moving within an ascending channel, indicating a continued bullish sentiment. The 14-day Relative Strength Index (RSI) is at 63.63, […]
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 […]
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% […]
AUD/JPY Price Outlook: Stays close to 94.50, discovers initial support at nine-day EMA
AUD/JPY Analysis AUD/JPY could approach the upward channel limit at 95.50. The bullish sentiment is further supported by the 14-day RSI being above the 50 mark. The 9-day EMA, located at 94.26, acts as immediate support. After gaining more than 0.50% in the previous session, AUD/JPY has dipped slightly, trading around 94.50 during Asian trading […]
GBP/USD Price Prediction: Challenges 1.3500, nine-day EMA limit before UK Retail Sales figures
GBP/USD might encounter initial resistance at the 9-day EMA of 1.3501. The 14-day relative strength index remains above 50, supporting the bullish trend. The primary support level is at the bottom of the ascending channel near 1.3410. The GBP/USD pair is moving up for the second session in a row, hovering around 1.3500 during Asian […]
GBP/USD Price Outlook: Remains stable above 1.3550, nine-day EMA
GBP/USD could approach 1.3632, marking the highest level since February 2022. The 14-day relative strength index has gone above 50, indicating a prevailing bullish sentiment. The primary support is identified at the 9-day EMA of 1.3552. The GBP/USD currency pair has bounced back from its daily losses, trading around 1.3570 during Monday’s Asian session. However, […]
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 […]
Banged-up Gotham FC weathering daunting test on nine-day road trip
The depth of Gotham FC’s roster is being tested. After winning the first victory of Saturday’s season, Gotham (1-2-1) flew to Los Angeles this week to start a nine-day three-city road trip. Gotham began his trip with a 4-0 victory over Angel City FC on Friday. They are scheduled to play for the Portland Thorns […]
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 […]