FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Dec 17, 2024

The GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD price is fluctuating around 1.2690 levels and as long as the price is below 1.2735, our expectations for the downward trend will remain in place for the coming period, waiting for a negative incentive that will push the price to resume the decline, whose next target is at 1.2566.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.26996
1.26958
1.26931
1.26889
1.26849
1.26823
1.26782
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

EUR/USD price shows a bearish trend to reach 1.0475, waiting to break this level to confirm the continuation of the bearish wave and head towards 1.0400 which represents our next target, to continue to favor the bearish trend during the upcoming sessions unless the price rushes to break the 1.0563 level and stabilize above it.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.04963
1.04923
1.04898
1.04857
1.04818
1.04793
1.04751
Previous Post
Technical analysis of some commodities
Next Post
Technical analysis of some commodities
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all