Technical Analysis

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May 15, 2024

Chart GBP/USD Update: Extending gains
Freemium Article

May 15, 2024 3:40 PM UTC

Anticipated gains have reached strong resistance at the 1.2665 Fibonacci retracement

Chart USD/CAD Update: Under pressure
Freemium Article

May 15, 2024 3:29 PM UTC

Cautious trade has given way to the anticipated break lower in both USD- and CAD-driven trade

Chart AUD/USD Update: Pressuring critical resistance - studies improving
Paying Article

May 15, 2024 1:14 PM UTC

Cautious trade has given way to the anticipated test of critical resistance within the 0.6650 - 0.6668/75 area

Chart EUR/JPY Update: Gains giving way to choppy trade
Paying Article

May 15, 2024 1:06 PM UTC

The test of resistance at the 169.39 weekly high of 26 April has given way to a sharp pullback 

Chart USD/JPY Update: Leaning lower in both USD- and JPY-driven trade
Paying Article

May 15, 2024 12:53 PM UTC

Cautious trade has given way to a sharp USD- and JPY-driven pullback

Chart USD Index DXY Update: Under pressure
Paying Article

May 15, 2024 12:43 PM UTC

Cautious trade around 105.00 has given way to the anticipated break lower to 104.50

Chart USD/RUB Update: Further consolidation - studies under pressure
Paying Article

May 15, 2024 11:10 AM UTC

Little change, as prices extend choppy trade above congestion support at 91.0000

Chart EUR/PLN Update: Lower towards February 2020 lows
Paying Article

May 15, 2024 10:49 AM UTC

The anticipated break below the 4.2750 Fibonacci retracement has reached 4.2600

Chart USD/ZAR Update: Consolidating - background studies under pressure
Paying Article

May 15, 2024 10:22 AM UTC

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

Chart EUR/CAD Update: Balanced beneath 2024 highs - background studies improving
Paying Article

May 15, 2024 10:03 AM UTC

The anticipated test of critical resistance at 1.4780/87 is giving way to consolidation within 1.4750/80~

Chart EUR/CHF Update: Consolidating - potential for a fresh test higher
Paying Article

May 15, 2024 8:15 AM UTC

Little change, as prices extend cautious trade around congestion resistance at 0.9800

Chart USD/CHF Update: Lower in range - background studies under pressure
Freemium Article

May 15, 2024 8:05 AM UTC

Cautious trade is giving way to a test lower

Chart EUR/GBP Update: Extending choppy trade - background studies improving
Paying Article

May 15, 2024 7:58 AM UTC

The break above congestion resistance at 0.8600 has not been sustained

Chart EUR/USD Update: Room for higher in the coming sessions
Paying Article

May 15, 2024 7:38 AM UTC

Cautious trade around 1.0800 has given way to the anticipated break

Chart GBP/USD Update: Poised for further gains
Freemium Article

May 15, 2024 7:28 AM UTC

Anticipated tests higher have reached strong resistance at 1.2600

Chart EUR/SEK Update: Lower in choppy trade from the 11.7700 high
Paying Article

May 15, 2024 7:26 AM UTC

Leaning lower in choppy trade from the 11.7700 April YTD high

Chart EUR/AUD Update: Leaning lower from the 1.6365/1.6400 resistance
Paying Article

May 15, 2024 6:55 AM UTC

Leaning lower in consolidation after bounce attempt was checked at the 1.6365/1.6400 resistance

Chart GBP/JPY Update: Extending gains, but stretched
Paying Article

May 15, 2024 6:43 AM UTC

Pressure remains on the upside with gains reaching the 197.00 level and 61.8% Fibonacci retracement

Chart AUD/JPY Update: Consolidating test of the 104.00 figure
Paying Article

May 15, 2024 6:21 AM UTC

Sharply higher and break above the 103.48 resistance has seen extension to reach the 104.00 figure

Chart USD/MYR Update: Extending sharp losses
Paying Article

May 15, 2024 5:34 AM UTC

Break of the 4.7200 congestion further extend steep losses from the 4.7930, April high

Chart USD/INR Update: Limited on pullback from the 83.5350 high
Paying Article

May 15, 2024 4:57 AM UTC

Lower in consolidation from the 83.5350 high as prices unwind the overbought intraday studies

Chart USD/CNH Update: Extending rejection from the 7.2470 high
Paying Article

May 15, 2024 3:50 AM UTC

Break above the 7.2340/7.2415 resistance saw gains stalling at the 7.2470 high

Chart USD/IDR Updates: Extending consolidation below the 16100/16139 resistance
Paying Article

May 15, 2024 2:51 AM UTC

Limited on bounce attempt and failure to sustain break of the 16100/16139 resistance keeps pressure on the downside

Chart USD/THB Update: Consolidating at 36.50 support, lower later
Paying Article

May 15, 2024 2:39 AM UTC

Pause at the 36.67 low has given way to selling pressure to extend losses from the 37.03 high of last week

Chart USD/KRW Update: Extending pullback from the 1373.00 high
Paying Article

May 15, 2024 2:20 AM UTC

Extending pullback from the Monday's 1373.00 high to pressure the 1363.00/1360.00 support

Chart USD/SGD Update: Under pressure, focus return to 1.3500, 1.3450 support
Paying Article

May 15, 2024 2:07 AM UTC

Consolidation below the 1.3578 resistance has given way to selling pressure to break the 1.3525 support

Chart GBP/USD Update: Extending gains, focus on 1.2600, 1.2635
Paying Article

May 15, 2024 1:47 AM UTC

Extending bounce from the 1.2445 low of last week and break above the 1.2570 resistance see scope to target the 1.2600 level 

Chart EUR/USD Update: Extending gains, higher see room to 1.0870/85
Paying Article

May 15, 2024 1:34 AM UTC

Break above the 1.0800/12 area extending the broader gains from the April YTD low to reach channel resistance from the late-December high

Chart EUR/JPY Update: Consolidating below the 169.40 resistance
Paying Article

May 15, 2024 1:02 AM UTC

Break above the 168.00 level has seen gains to approach resistance at the 169.40, high of 26 April

Chart USD/JPY Update: Extending gains to the 157.00, 61.8% Fibonacci level
Paying Article

May 15, 2024 12:47 AM UTC

Break above the 156.00 level extending gains from the 152.00 low and see scope to target the 157.00 level

Chart NZD/USD Update: Extending gains, room to .6083, .6100/10
Paying Article

May 15, 2024 12:27 AM UTC

Turning higher from the .6000/.5985 support to retest the .6050 high

Chart AUD/USD Update: Higher in consolidation, scope to retest .6650 resistance
Paying Article

May 15, 2024 12:09 AM UTC

Higher in consolidation at the .6600 level and room seen for retest of the .6650 resistance

May 14, 2024

Chart USD/BRL Update: Consolidating - background studies under pressure
Paying Article

May 14, 2024 3:37 PM UTC

Little change, as prices extend cautious trade around 5.1500

Chart USD/CAD Update: Leaning lower
Freemium Article

May 14, 2024 3:30 PM UTC

Cautious trade is giving way to a test lower

Chart AUD/USD Update: Range extension
Paying Article

May 14, 2024 1:53 PM UTC

Little change, as prices extend cautious trade above congestion support at 0.6600

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

May 14, 2024 1:47 PM UTC

Anticipated gains are extending, with prices approaching resistance at the 169.39 weekly high of 26 April

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

May 14, 2024 1:32 PM UTC

Cautious trade has given way to a break above 156.00

Chart USD Index DXY Update: Lower in range - studies under pressure
Paying Article

May 14, 2024 1:12 PM UTC

The test of congestion resistance at 105.50 has been pushed back

Chart USD/RUB Update: Consolidating, but studies under pressure
Paying Article

May 14, 2024 11:48 AM UTC

The anticipated test below congestion support at 91.0000 has bounced from above further congestion around 90.0000

Chart EUR/PLN Update: Under pressure
Paying Article

May 14, 2024 10:55 AM UTC

Cautious trade is giving way to fresh tests lower

Chart USD/ZAR Update: Choppy in range - background studies under pressure
Paying Article

May 14, 2024 10:39 AM UTC

Cautious trade has reached 18.3000, where rising intraday studies are prompting choppy trade

Chart EUR/CAD Update: Balanced beneath strong resistance at 1.4750/80
Paying Article

May 14, 2024 10:21 AM UTC

The anticipated test above congestion resistance at 1.4750 has met expected selling interest beneath critical resistance at 1.4780/87

Chart EUR/CHF Update: Gains to remain limited
Paying Article

May 14, 2024 8:18 AM UTC

Cautious trade has given way to a test of congestion resistance at 0.9800

Chart USD/CHF Update: Cautious trade - background studies under pressure
Freemium Article

May 14, 2024 8:10 AM UTC

Still little change

Chart EUR/GBP Update: Choppy trade - limited downside tests
Paying Article

May 14, 2024 7:53 AM UTC

The break below 0.8600 is giving way to consolidation above support at 0.8580

Chart EUR/USD Update: Consolidating - potential for later gains
Paying Article

May 14, 2024 7:39 AM UTC

Still little change

Chart GBP/USD Update: Cautious trade
Freemium Article

May 14, 2024 7:24 AM UTC

The test of congestion resistance at 1.2560 is giving way to anticipated consolidation

Chart EUR/NOK Update: Weighing on the 11.6500 level, break in focus
Paying Article

May 14, 2024 7:19 AM UTC

Consolidation at the 11.6500 congestion to unwind oversold intraday studies has given way to selling pressure

Chart GBP/JPY Update: Extending gains - room to 197.00, 61.8% Fibonacci level
Paying Article

May 14, 2024 6:59 AM UTC

 Pressure remains on the upside as prices extends gains from the 191.30 support

Chart AUD/JPY Update: Extending gains
Paying Article

May 14, 2024 6:44 AM UTC

Consolidation at the 103.00 level has given way to break to extend gains from the 100.00 level