Category: Technial Analysis
The eurozone’s industrial sector and stabilisation of the labour market may provide additional support for the euro and trigger further EURUSD growth towards 1.1800. Discover more in our analysis for 1 September 2025. EURUSD forecast: key trading points Eurozone manufacturing PMI: previously at 50.5%, projected at 50.5% Eurozone unemployment rate: previously at 6.2%, projected at […]
AUDJPY: ⬆️ Buy – AUDJPY broke daily Down Channel – Likely to rise to resistance level 97.30 AUDJPY currency pair today broke the resistance the resistance trendline of the daily Down Channel from the start of July (which encloses the previous ABC correction 2). The breakout of this Down Channel continues the active short-term impulse […]
Gold: ⬆️ Buy – Gold broke resistance zone – Likely to rise to resistance level 3500.00 Gold recently broke the resistance zone between the resistance level 3450.00 (which has been reversing the price from May, as can be seen from the daily Gold chart below) and the resistance trendline of the daily Triangle from April. […]
The USDCAD rate declined towards the 1.3700 area amid the current weakness of the US dollar. This week’s focus is on US labour market data. Discover more in our analysis for 1 September 2025. USDCAD forecast: key trading points Market focus: traders await US labour market data this week Current trend: moving downwards USDCAD forecast […]
The USDJPY pair remains under pressure from the expected tightening of the Bank of Japan policy, with the price currently at 147.03. Find out more in our analysis for 1 September 2025. USDJPY forecast: key trading points Mounting pressure on the USDJPY rate is due to expectations of a Bank of Japan rate hike by […]
The growth momentum of the DE 40 index has slowed. The DE 40 forecast for today is positive. DE 40 forecast: key trading points Recent data: Germany’s unemployment rate for July 2025 stood at 6.3% Market impact: this supports consumer stocks DE 40 fundamental analysis Germany’s unemployment rate for August 2025 came in at 6.3%, […]
Trade ideas for GBPCHF, EURUSD, and GBPJPY are available today. The ideas expire on 2 September 2025 at 8:00 AM (GMT +3). GBPCHF trade idea The short-term trend in GBPCHF has turned bearish. The preferred strategy is to sell on pullbacks. A temporary rise is possible, but upward movement is likely to remain limited by […]
Expectations of a Fed rate cut in September remain the key driver for the currency market. Market participants maintain a high level of confidence in a 25-basis-point move. Additional pressure on the dollar comes from profit-taking and cautious investor interest in risk assets. EURUSD dynamics continue to form amid contrasting signals from the Federal Reserve […]
This weekly technical analysis highlights the key chart patterns and levels for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, gold (XAUUSD), and Brent crude oil to forecast market moves for the upcoming week (1-5 September 2025). Major technical levels to watch this week EURUSD: Support: 1.1500, 1.1400. Resistance: 1.1700, 1.1800 USDJPY: Support: 146.50, 144.33. Resistance: 148.75, 150.80 […]
EURUSD: ⬆️ Buy – EURUSD reversed from support zone – Likely to rise to resistance level 1.1755 EURUSD currency pair recently reversed from the support zone between the strong support level 1.1600 (which has been reversing the price from the start of August), 20-day moving average and the 38.2% Fibonacci correction of the upward impulse […]