trendline

Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, Nikkei 225 Analysis and ChartsDow returns to trendline resistance​The index has seen its momentum fade after the huge gains of the past week, though it continues to…

GBP/USD OUTLOOK:GBP/USD has been trending lower over the past three months or soAfter recent price action, cable appears compressed between trendline resistance and Fibonacci supportThis article presents important technical levels worth…

DXY, GBP/USD PRICE, CHARTS AND ANALYSIS:GBP/USD Looks to Recover with a Trendline Break Pending and UK Labor Data Ahead Tomorrow.US Dollar Index Retreat a Welcome for Cable Bulls as Geopolitical Concerns Linger.IG Client Sentiment Shows…

AUD/USD TECHNICAL OUTLOOKAUD/USD rises for the fourth straight day, pressing against trendline resistance.Despite its recent recovery, the Aussie maintains a bearish profile.This article looks at AUD/USD’s key technical levels worth…

S&P 500 OUTLOOK:S&P 500 falls towards trendline support at 4,300 amid rising U.S. rates.U.S. Treasury yields blast higher, pushing the U.S. dollar to its strongest level since November 2022 and sparking risk off sentiment.This…

UK:The BoE hiked by 25 bps as expected at the last meeting. The central bank seems to be leaning more on the less hawkish side as a key line in the statement was tweaked to indicate the propensity for a “high for longer” stance rather than…

GOLD PRICE (XAU/USD) FORECASTGold prices stall after encountering trendline resistance near $1,950 ahead of a high-impact event on Friday: the release of the latest U.S. jobs reportTotal nonfarm payrolls for August are forecast to have…

Bitcoin predictionbitcoin the prices Extended recovery after the news that EDX Markets launchedAs sentiment improves, BTC/American dollar retraced its 50-day simple moving averageThis article looks at the key technical levels for…

USD/CAD and USD/JPY Forecast:US dollars / Canadian dollars It fluctuates after reaching a major technical resistance area, as bulls and bears battle to dominate the marketUS dollar / Japanese yen It is heading lower and challenging…

Bitcoin started the week on the verge of a bearish crossover of two major moving average trend lines, which could signal an upcoming price drop. It looks like the 10-day and the 25-day EMA will cross, which could lead to a breach…