Top Forex Brokers – Forex Weekly news and analysis For April 14-20, 2025
The asset is showing an impulsive decline. The price is testing a significant resistance level at 1.3855. The pair has consolidated below MA-200, and RSI indicators are in the overbought zone.
•If the price fails to overcome the support level, expect a rebound to 1.4088;
•If the asset breaks the support level, the decline may continue to 1.3750.
The asset is showing a decline. The price is testing the resistance level at 0.8079, which was last approached in 2014. The price is also at the lower boundary of the Bollinger Bands indicator, and the RSI indicators are in the oversold zone.
•If the price fails to overcome the support level, expect a rebound to 0.8392;
•If the asset breaks the support level, the price may move to 0.7573.
Gold has hit a new all-time high and is testing the resistance level at 3236. The RSI indicator is in the overbought zone, showing a bearish divergence.
•If the price breaks through the resistance, the upward momentum could continue toward 3300;
•If it fails to break through, a decline toward 3135 may follow.
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