FLEX EAUSDJPY under pressure before FOMC, on February 1st, 2023.
Red lines- bearish channel Blue line- support trend line USDJPY remains technically in a bearish trend as price is still inside the medium-term do…
Showing posts with the label pressureShow all
GBP/USD analysis on October 24. The British pound is under pressure again.
For the pound/dollar instrument, the wave marking looks quite complicated at the moment but still does not require any clarification. We have a supp…
EUR/USD analysis on October 24. The euro is under pressure due to weak business activity in the EU.
The wave marking of the 4-hour chart for the euro/dollar instrument still does not require adjustments, but it is undoubtedly becoming more complica…
USDJPY under pressure falls below 133.
Two days ago we warned traders that USDJPY is providing rejection sign and the chances of a pull back had increased. Price reached resistance and bou…
Gold price remains under pressure despite Dollar weakness.
Red lines- downward trend line Blue line- resistance trend line Gold price is trading still above $1,700. Despite Dollar weakness Gold bulls seem …
Ethereum under strong bullish pressure, breakout attempt
ETH/USD rallied in the short term and now it approaches a strong resistance area. It was trading at 1,222 at the time of writing. Ethereum edged high…
Will the geopolitical conflict between Ukraine and the Russian Federation put pressure on bitcoin in the future?
On the 4-hour TF, the technical picture for bitcoin looks very good. After bitcoin quotes were fixed below the ascending trend line, a fall began, a…
Aussie under pressure from Fed, China
The Australian dollar has extended its losses today, as AUD/USD trades just above the 0.74 line in the European session. It has been a rough stretch…
Gold under strong buying pressure
The price of gold is trading in the green on the H1 chart. It's located at 1,973 at the time of writing and it seems determined to resume its gro…
USDJPY moves below old March high. Can the sellers keep the pressure on?
USDJPY moved back below the old March high The USDJPY has moved below the old high from March 28 at 125.093. Recall from yesterday, the price mov…
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