Technical Analysis

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May 10, 2024

Chart USD/BRL Update: Smart bounce, but scope to remain limited
Paying Article

May 10, 2024 4:15 PM UTC

Consolidation above the 5.0520 Fibonacci retracement has given way to a sharp bounce

Chart USD/CAD Update: Under pressure
Freemium Article

May 10, 2024 3:50 PM UTC

Cautious trade around 1.3700 has given way to the anticipated break

Chart AUD/USD Update: Consolidating - immediate gains to remain limited
Paying Article

May 10, 2024 1:38 PM UTC

Little change, as mixed intraday studies turn near-term sentiment cautious

Chart EUR/JPY Update: Limited scope above 168.00
Paying Article

May 10, 2024 1:27 PM UTC

Cautious trade has drifted higher to pressure congestion resistance at 168.00

Chart USD/JPY Update: Limited scope above 156.00
Paying Article

May 10, 2024 1:18 PM UTC

Still little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD Index DXY Update: Consolidating - studies under pressure
Paying Article

May 10, 2024 1:04 PM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD/TRY Update: Balanced beneath highs - studies under pressure
Paying Article

May 10, 2024 11:41 AM UTC

Little change, as a tick higher in oversold daily stochastics keeps sentiment cautious and prompts further consolidation

Chart USD/RUB Update: Consolidating - limited scope above 93.0000
Paying Article

May 10, 2024 11:23 AM UTC

Little change, as prices extend consolidation beneath congestion resistance at 93.0000

Chart EUR/PLN Update: Limited scope above 4.3000
Paying Article

May 10, 2024 11:07 AM UTC

Little change, as prices extend cautious trade above support at the 4.2750 Fibonacci retracement

Chart USD/ZAR Update: Poised to extend losses
Paying Article

May 10, 2024 10:46 AM UTC

Still little change, as prices extend pressure on critical support at the 18.4100 Fibonacci retracement

Chart EUR/CAD Update: Consolidating
Paying Article

May 10, 2024 10:17 AM UTC

Prices failed to make much headway lower

Chart EUR/CHF Update: Consolidating
Paying Article

May 10, 2024 8:19 AM UTC

Little change, as prices extend consolidation around support at 0.9760

Chart USD/CHF Update: Consolidating - daily studies leaning lower
Freemium Article

May 10, 2024 8:13 AM UTC

Consolidation beneath resistance at 0.9100 has given way to a drift lower to support at 0.9060

Chart EUR/GBP Update: Choppy in range - daily studies edging higher
Paying Article

May 10, 2024 7:59 AM UTC

The anticipated retest of resistance at 0.8620, (GBP/EUR 1.1600), has not been seen

Chart EUR/USD Update: Higher in range - background studies improving
Paying Article

May 10, 2024 7:47 AM UTC

Anticipated minor losses have bounced smartly from above 1.0700

Chart GBP/USD Update: Bounce back in consolidation
Freemium Article

May 10, 2024 7:31 AM UTC

Anticipated tests lower have bounced smartly from congestion support at 1.2450

Chart GBP/JPY Update: Extending gains, 195.75/196.00 next
Paying Article

May 10, 2024 7:15 AM UTC

Break above the 193.55 resistance see prices extending bounce from the 191.30 support and unwind the oversold daily studies

Chart AUD/JPY Update: Extending gains, room to 103.00/48 area
Paying Article

May 10, 2024 7:01 AM UTC

Break above the 102.00 level further extending gains and see room to the 103.00 level and 61.8% Fibonacci level

Chart EUR/AUD Update: Under pressure, scope for retest of 1.6218 low
Paying Article

May 10, 2024 6:18 AM UTC

 Pressure return to the downside after corrective bounce from the 1.6218 low was checked at the 1.6365/1.6400 resistance

Chart USD/PHP Updates: Higher in consolidation from 57.070 low, scope for break later
Paying Article

May 10, 2024 6:03 AM UTC

Turned up in consolidation from the 57.070 low as prices unwind oversold intraday and daily studies

Chart USD/INR Update: Drifting narrowly below 83.5250 resistance
Paying Article

May 10, 2024 5:18 AM UTC

Little change, as prices drift narrowly in consolidation below the 83.5250 resistance

Chart USD/CNH Update: Consolidating below 7.2340 resistance
Paying Article

May 10, 2024 3:56 AM UTC

Lower in consolidation from the strong resistance at the 7.2340 high of February

Chart USD/THB Update: Reversal from the 37.00 level
Paying Article

May 10, 2024 3:13 AM UTC

Gains has given way to selling pressure and rejection at the 37.00 level seen reversing bounce from the 36.50 low

Chart USD/KRW Update: Consolidating, room to extend gains
Paying Article

May 10, 2024 2:56 AM UTC

Settled back from the 1372.00 high as prices unwind overbought intraday studies

Chart USD/SGD Update: Settled back from the 1.3578 resistance
Paying Article

May 10, 2024 2:28 AM UTC

Corrective gains to approach strong resistance at the 1.3578, low of 26 April, has given way to pullback to retest the 1.3525 support

Chart GBP/USD Update: Consolidating, scope to extend rebound from 1.2445 low
Paying Article

May 10, 2024 2:12 AM UTC

Corrective pullback reached 1.2445 low ahead of rebound to regain the 1.2500 level

Chart EUR/USD Update: Bounce see scope for retest of 1.0800/12 high
Paying Article

May 10, 2024 1:44 AM UTC

Limited on break of the 1.0750 support as prices staged rebound from the 1.0725 low to return focus to the upside

Chart EUR/JPY Update: Consolidating below 167.80, 50% Fibonacci level
Paying Article

May 10, 2024 1:10 AM UTC

Extending gains from the 164.00 level as prices retrace sharp losses from the April YTD high to reach the 167.80/168.00, 50% Fibonacci retracement and congestion

Chart USD/JPY Update: Consolidating test of the 156.00, 50% Fibonacci level
Paying Article

May 10, 2024 12:57 AM UTC

Gains to the 156.00 level and 50% Fibonacci retracement has given way to consolidation as prices unwind the overbought intraday studies

Chart NZD/USD Update: Bounce return focus to .6050 high
Paying Article

May 10, 2024 12:42 AM UTC

Shallow pullback from the .6050 high has given way to rebound at the .6000/.5985 area to return focus to the upside

Chart AUD/USD Update: Rebound return focus to .6650 high
Paying Article

May 10, 2024 12:20 AM UTC

Consolidation above the .6558 low has given way to break above the .6585/.6600 resistance to reverse corrective pullback from the .6650 high

May 09, 2024

Chart USD/CAD Update: Potential for a test lower
Freemium Article

May 9, 2024 3:58 PM UTC

Little change, as prices extend cautious trade around congestion support at 1.3700

Chart AUD/USD Update: Immediate gains to remain limited
Paying Article

May 9, 2024 1:46 PM UTC

Consolidation has given way to a fresh break higher

Chart EUR/JPY Update: Further gains to remain limited
Paying Article

May 9, 2024 1:22 PM UTC

Consolidation following the anticipated test of resistance at the 167.39 high of 2 May is giving way to a break

Chart USD/JPY Update: Balanced beneath 156.00 - further gains to remain limited
Paying Article

May 9, 2024 1:06 PM UTC

Little change, as cautious gains give way to consolidation beneath congestion resistance at 156.00

Chart USD Index DXY Update: Under pressure
Paying Article

May 9, 2024 12:57 PM UTC

The anticipated test above 105.50 has been pushed back from 105.75

Chart USD/RUB Update: Limited scope above 93.0000
Paying Article

May 9, 2024 11:42 AM UTC

Anticipated gains have reached congestion resistance at 93.0000

Chart EUR/PLN Update: Leaning lower
Paying Article

May 9, 2024 11:18 AM UTC

Cautious trade is giving way to the anticipated break below 4.3000

Chart USD/ZAR Update: Consolidating - potential for a later break below the 18.4100 Fibonacci retracement
Paying Article

May 9, 2024 11:06 AM UTC

Little change, as prices extend consolidation above congestion support at 18.5000

Chart EUR/CAD Update: Leaning lower, but downside to remain limited
Paying Article

May 9, 2024 10:19 AM UTC

Consolidation beneath critical resistance at 1.4780/87 is giving way to test lower

Chart EUR/CHF Update: Further consolidation
Paying Article

May 9, 2024 8:17 AM UTC

Still little change, as prices extend consolidation around support at 0.9760

Chart USD/CHF Update: Balanced beneath 0.9100 - limited scope into any immediate break
Freemium Article

May 9, 2024 8:11 AM UTC

Still little change, as prices drift higher in quiet trade towards resistance at 0.9100

Chart EUR/GBP Update: Choppy in range - potential for a fresh test higher
Paying Article

May 9, 2024 7:54 AM UTC

The anticipated run towards resistance at 0.8620, (GBP/EUR 1.1600), has met selling interest just beneath here

Chart EUR/USD Update: Leaning lower
Paying Article

May 9, 2024 7:37 AM UTC

Little change, as prices extend consolidation beneath 1.0750

Chart GBP/USD Update: Prices remain under pressure
Freemium Article

May 9, 2024 7:25 AM UTC

Little change, as mixed/negative intraday studies keep near-term sentiment cautious

Chart NOK/SEK Update: Back to pressure the parity level, scope for break
Paying Article

May 9, 2024 7:17 AM UTC

Extending bounce from the .9815 low to retest the parity level and the 1.0020, March high

Chart EUR/AUD Update: Extending correction to the 1.6365/1.6400 resistance
Paying Article

May 9, 2024 6:55 AM UTC

Extending bounce from the 1.6218 low to reach resistance at the 1.6365/1.6400 area

Chart AUD/NZD Update: Extending pullback from 1.1030 high
Paying Article

May 9, 2024 6:34 AM UTC

 Consolidation at the 1.1030 high has given way to selling pressure to unwind the overbought daily studies

Chart USD/MYR Update: Consolidating above 4.7300 support, lower later
Paying Article

May 9, 2024 5:53 AM UTC

Edged up from the 4.7300 low as prices consolidate losses from the 4.7930, April high

Chart USD/INR Update: Lower in consolidation below 83.5250 resistance
Paying Article

May 9, 2024 5:34 AM UTC

Leaning lower in consolidation below the 83.5250 resistance but the downside still limited above the 83.4000 congestion