Forex Technical Daily

Both pairs are stuck in tight ranges around key EMAs, reflecting indecision.

• EUR/USD holds near 1.1540 by the 50-period EMA after pulling back from...

• Resistance pause: GBPUSD holds gains at the 1.3500 target level, pausing to build momentum above EMA50 amid overbought RSI signals.
• Broader...

Consolidation or breakout? Technical strength above 1.1500 clashes with Mideast-driven USD support.

• Technical view: EUR/USD holds above 23.6% Fib...

EUR/USD's repeated failure at the 200-day EMA highlights hesitation, not breakout conviction, as the pair pulls back after testing higher.

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• Intraday bias stays downside aiming for 38.2% retracement of 1.1409-1.3482 at 1.2690
• Break of 1.2690 signals rise from 1.1409 complete, opening 61.8% retracement at 1.2201
• Resistance break at 1.3007 shifts bias higher to retest 1.3482

• Bullish trend intact: GBPUSD holds above EMA50, reinforcing short-term positive bias and support.
• Intraday dip attempts fresh advance as pair...

EUR/USD's recovery from the yearly low now confronts key resistance at 1.1639/49 after breaking above 1.15.

• Technical levels: Immediate resistance...

USDX consolidation near 100.00 could spark downside toward the daily SMA 200 on rejection, while a break above eases bearish pressure.

• EURUSD holds...

EUR/USD is testing the 1.1560 swing-high resistance after rebounding from multi-year support. The pair shows an upward bias after exiting a month-long...

GBP/USD showed an intraday bounce from support near 1.3450 after a dollar surge, with 1.3500 as the next psychological level.

• Broader technicals...

• EURUSD consolidates above 1.1500 after breaking the 1.1420 trendline; upward break targets 1.1534 while downside risks 1.1480 then 1.1400.
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EUR/USD gains traction above 1.1500, hitting 1.1535 in early Asian trade, though the pair's bearish tone holds below the 100-day SMA.

Volume profile identifies 1.3423 as key support on GBP/USD from Friday's sharp rejection, backed by a heavy volume cluster and bullish Fair Value Gap...

EUR/USD reached a fresh monthly high while EUR/JPY broke to a new monthly low, with USD/JPY emerging as the dominant driver. This divergence signals caution for EURUSD intraday and swing trades amid underlying USD strength.

• Pre-FOMC setup showed multiple buy signals on SMAs, MACD, RSI and Stochastic with key supports at 1.1479/1.1459
• Post-FOMC rally lifted EURUSD ~150...

• GBPUSD edges lower after recent gains, taking a breather while attempting to resume its advance.
• RSI shows easing overbought conditions with a...

• Pre-decision: Markets priced 65% chance of September hike on expected hawkish BoE vote amid rising energy prices
• Decision outcome: Rates held for...

• Fundamental catalyst: Euro jumped after the Fed's 29 July rate hold eased hike risks, with GDP and PCE data next on the calendar.
• Technical...

EURUSD trades flat in the 1.1362-1.1461 range with repeated tests of 1.1362-1.1368 support, while Fed meeting and Middle East tensions dominate...

GBP/USD faces sustained bearish pressure with price below EMA50 and a broken short-term bullish trendline.

• Key resistance sits at 1.33780–1.33250...