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Forex Technical Analysis

EURUSD Bearish Signal Below $1.038

EUR/USD is in a bear market below the 100-period simple moving average in the 1-hour chart. As of this writing, the currency pair trades...

USDSEK Faces Pressure at 11.13 Amid Bullish Run

The American dollar is in a bull market against the Swedish Krona at approximately 11.1. The uptrend escalated after prices broke the 11.04 resistance...

USDCHF Bulls Target 0.905 Amid Bearish Divergence Signals

USDCHF is in an uptrend, trading at approximately 0.90, above the 50-period SMA. The next bullish target could be...

USDCAD Hits 1.443: Stochastic and RSI Indicate Wait

USDCAD uptrend resumed above the 50-period SMA, trading at approximately 1.443 amid overbought signals from Stochastic and RSI 14....

NZDUSD Bear Market Prevails Below $0.57

The NZD/USD downtrend escalated after it broke below the $0.575 support. Robust selling pressure drove the Stochastic and RSI...

AUDUSD Falls Below October Low Oversold at $0.620

In yesterday's trading session, AUD/USD dipped below the October low at $0.627. Meanwhile, the momentum indicators hint at an...

GBPUSD Drops Below $1.261: Triggering Downtrend

GBP/USD fell below $1.261, testing the 78.6% Fibonacci support level, leaving a bearish fair value gap behind. If $1.256...

EURUSD Hits November Low Testing $1.033 Support

EURUSD dipped to a November low at $1.0332, testing this mark as support. Momentum indicators hint at an oversold...