Dec 21, 2024 · AUD/USD daily chart. On the technical side, the AUD/USD price has made a new low near the 0.6202 support level. This move has pushed the price well below the 22-SMA, a sign that bears have a strong lead. At the same time, the RSI trades in the oversold region, showing solid bearish momentum.

Nov 3, 2024 · GBP/USD 4-hour chart. On the technical side, the GBP/USD price has broken below and retested the 1.3002 key level. With this move, bears have confirmed a new downtrend by breaking below the previous low to make a lower low.

Nov 3, 2024 · AUD/USD 4-hour chart. On the technical side, the AUD/USD price is approaching the 0.6501 support level. The bearish bias is strong because the price trades far below the 22-SMA, and the RSI is near the oversold region.

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Oct 21, 2024 · AUD/USD 4-hour chart. On the technical side, the AUD/USD price is dropping after failing to sustain a move above the 30-SMA. The bias is bearish since the price trades below the SMA with the RSI below 50. However, bearish momentum …

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Dec 23, 2024 · USD/CAD technical forecast: Bulls reemerge at the 30-SMA support USD/CAD 4-hour chart. On the technical side, the USD/CAD price is bouncing higher after finding support at the 30-SMA. At the same time, the RSI has retested and is bouncing off the 50 level, separating the bullish and bearish territory.

Nov 19, 2024 · GBP/USD 4-hour chart. On the technical side, the GBP/USD price has bounced lower after retesting the 30-SMA resistance. After consolidation, bears took charge by breaching the 1.2850 key support level. Moreover, the price made a sharp swing below the SMA, indicating a steep downtrend.

Oct 11, 2024 · USD/CAD 4-hour chart. On the technical side, the USD/CAD price has skyrocketed to new highs, breaking past key resistance levels. The climb has placed the price well above the 30-SMA, supporting a strong uptrend.

Dec 9, 2024 · USD/CAD 4-hour chart. On the technical side, the USD/CAD price has paused after breaching the 1.4150 resistance level. It trades well above the 30-SMA, showing bulls have a strong lead. At the same time, the RSI trades near the …