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EURCAD: ⬇️ Sell – EURCAD reversed from resistance level 1.5880 – Likely to fall to support level 1.5495 EURCAD currency pair recently reversed down from the pivotal resistance level 1.5880 (which has been reversing the price from the start of July) intersecting with the upper daily Bollinger Band and the resistance trendline of the daily […]
The GBPUSD rate continues to climb confidently, setting a new three-year high at 1.3443. Market participants are awaiting key US data today, including ADP employment figures and Q1 GDP. Find more details in our analysis for 30 April 2025. GBPUSD forecast: key trading points Market focus: ADP employment data and Q1 GDP figures will be […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 30 April 2025. EURUSD forecast On the H4 chart, EURUSD continues developing a consolidation range around 1.1370. Today, 30 April 2025, the range may extend down to 1.1322 and up to 1.1455. Afterwards, a downward wave […]
NZDUSD: ⬇️ Sell – NZDUSD reversed from the resistance level 0.6020 – Likely to fall to support level 0.5800 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (former top of wave 2 from November) intersecting with the 61.8% Fibonacci correction of the downward impulse from September. The downward reversal from the […]
GBPUSD: ⬇️ Sell – GBPUSD reversed from the long-term resistance level 1.3430 – Likely to fall to support level 1.3200 GBPUSD currency pair recently reversed down from the long-term resistance level 1.3430 (previous yearly high from last year) standing close to the upper daily and weekly Bollinger Bands. The price also earlier reversed down from […]
The USDJPY pair rose to 142.48 on Wednesday as Japan’s domestic statistics fell short of expectations, working against the yen. Discover more in our analysis for 30 April 2025. USDJPY forecast: key trading points The USDJPY pair rises slightly in response to weak Japanese statistics Market awaits the Bank of Japan’s rate decision and official […]