Forex Analysis

In-depth technical and fundamental analysis and forecast for currencies & commodities by experienced financial analysts: EUR/USD, GBP/USD, AUD/USD, EUR/GBP, USD/JPY, USD/CHF, XAU/USD, XTI/USD and more. Currency price movements, support and resistance analysis, major economic events, that affect the formation of exchange rates.

EUR/USD Could Correct Higher While USD/CHF Shows Bearish Signs

EUR/USD started an upside correction from 1.0768, but it is struggling to clear 1.0925. Conversely, USD/CHF is showing a few bearish signs and it could decline below 0.9700. Important Takeaways for EUR/USD and USD/CHF The Euro started a decent upside correction after trading as low as 1.0768 ...

GBP/USD and EUR/GBP: British Pound Correcting Gains

GBP/USD is currently correcting gains from the 1.2475 resistance area. Similarly, EUR/GBP is correcting higher and it could recover towards the 0.8950 level. Important Takeaways for GBP/USD and EUR/GBP The British Pound traded close to the 1.2500 resistance area, where the bears emerged. There ...

Gold Price Approaching Resistance While Crude Oil Price Correcting Gains

Gold price is rising steadily and it is trading above the $1,600 resistance. Conversely, crude oil price rallied towards $28.00 and recently corrected more than 40% gains. Important Takeaways for Gold and Oil Gold price formed a strong support above $1,570 and recovered higher against the US ...

EUR/USD And EUR/JPY At Risk of More Downsides

EUR/USD is currently correcting lower and facing a strong resistance near the 1.1040 level. EUR/JPY is also showing a few bearish signs and it could decline further as long as it is below 119.00. Important Takeaways for EUR/USD and EUR/JPY The Euro is struggling to recover above the 1.1040 and ...

GBP/USD and EUR/GBP: British Pound Gaining Traction

GBP/USD is gaining pace and it recovered above the 1.2300 resistance area. EUR/GBP is sliding and it is likely to face hurdles near the 0.9050 area. Important Takeaways for GBP/USD and EUR/GBP The British Pound is showing a lot of positive signs above the 1.2300 and 1.2350 levels. There is a ...

Gold Price Is Rising While Crude Oil Price Is Consolidating

Gold price is trading in a positive zone above the $1,585 resistance area and it could rise further. Conversely, crude oil price is trading in a range and it could correct above $25.00. Important Takeaways for Gold and Oil Gold price gained pace recently and traded above the $1,600 resistance ...

EUR/USD Could Recover And USD/JPY Is Facing Key Hurdle

EUR/USD started an upside correction after a strong decline below the 1.1800 area. USD/JPY is rising, but it is facing a major hurdle near the 111.70 level. Important Takeaways for EUR/USD and USD/JPY The Euro traded as low as 1.0635 and it is currently correcting higher. There is a major ...

GBP/USD And GBP/JPY Could Struggle To Continue Higher

GBP/USD declined heavily and broke many key supports near the 1.2200 and 1.2000 levels. GBP/JPY is currently recovering, but it is likely to face sellers near 131.30. Important Takeaways for GBP/USD and GBP/JPY The British Pound is trading in a bearish zone well below the 1.1800 level. There is ...

Gold Price Is Facing Hurdles While Crude Oil Price Is Recovering

Gold price found support near the $1,455 level and it is currently consolidating losses. Conversely, crude oil price is recovering and it is now trading above the $25.00 resistance. Important Takeaways for Gold and Oil Gold price declined heavily before it found support near the $1,455 level ...

EUR/USD Turns Red And USD/CHF Remains Supported

EUR/USD failed to hold a few key supports and declined below the 1.1140 zone. Conversely, USD/CHF is trading in a positive zone and it remains well supported above 0.9550. Important Takeaways for EUR/USD and USD/CHF The Euro started a fresh decline and traded below the 1.1100 support against ...

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