USD/JPY Short-Term Pullback Zones
USDJPY has been trending higher in the past few days, with higher lows connected by an ascending trend line that’s been holding since late September. Price could be in for another test of this support zone soon.
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USD/JPY Resistance Turned Support Correction
USDJPY recently busted through resistance at the 147.50-150.00 levels then zoomed up to a high of 153.86 before retreating. Using the Fib tool shows levels where more buyers might join the climb.
WTI Crude Oil Price Analysis for November 4, 2024
WTI crude oil appears to have filled the gap over the weekend, but bearish pressure could take it back to the triangle support soon. Technical indicators are also reflecting the presence of downside momentum.
USD/CHF Pullback to Resistance Turned Support
USDCHF appears to be stalling on its latest rally, suggesting that a pullback to nearby support zones could be needed to draw more buying interest. The Fibonacci retracement tool shows where more buyers could be waiting to join the climb.
Gold Rises on 2020 Election Uncertainty, US Fiscal Stimulus Hopes
Gold futures are rising to start the trading week, buoyed by uncertainty surrounding the 2020 presidential election and renewed hopes over a US fiscal stimulus…