CADJPY: ⬇️ Sell – CADJPY reversed from resistance area – Likely to fall to support level 106.00 CADJPY currency pair recently reversed from the resistance area located between the resistance level 107.40 (former monthly high from June), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from November. The downward reversal […]
GBPJPY: ⬇️ Sell – GBPJPY reversed from long-term resistance level 199.65 – Likely to fall to support level 198.00 GBPJPY currency pair recently reversed from the strong long-term resistance level 199.65 (former strong resistance from October, November and July) standing near the upper daily Bollinger Band. The downward reversal from the resistance level 199.65 is […]
Ahead of the FOMC minutes publication, XAUUSD quotes may head towards the 3,340 USD mark. Details – in our analysis for 9 July 2025. XAUUSD forecast: key trading points FOMC minutes publication Current trend: moving upwards XAUUSD forecast for 9 July 2025: 3,340 Fundamental analysis The forecast for XAUUSD on 9 July 2025 takes into account […]
Bank of America: ⬇️ Sell – Bank of America reversed from resistance area – Likely to fall to support level 45.00 Bank of America recently reversed down from the resistance area located between the long-term resistance level 50.00 (which started the weekly downtrend at the start of 2022) and the upper weekly Bollinger Band. The […]
Ethereum: ⬆️ Buy – Ethereum broke the resistance area – Likely to rise to resistance level 2885.00 Ethereum cryptocurrency recently broke the resistance area located between the resistance level 2645.00 (which stopped wave 1 at the start of July) and the resistance trendline of the weekly Triangle from January. The breakout of this resistance area […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 9 July 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a downward wave to 1.1682. Today, 9 July 2025, we consider the possibility of a correction towards 1.1735. After this correction ends, […]