AUDUSD MARKET ANALYSIS On Wednesday (June 26), the AUD/USD rose first and then fell, reaching a high of 0.6688 during the session, and fell back in late New York trading, rising only 0.1% throughout the day to close at 0.6655 US dollars....
Daily time frame chart outlook: The AUDUSD price activities were generally in a bullish trend earlier, but they tested the overbought level, which is why the price fell in response to the adjustment. The price has been moving in a descending channel...
Analyzing Market Movements: EUR/ USD We are currently discussing and analyzing the price behavior of the EUR/USD currency pair. Following yesterday's trading session, the market closed with a bearish candle, marked by a long lower shadow. Sales...
On the downside, the immediate support for USD/JPY lies at the nine-day exponential moving average (EMA) at 158.60. A dip below this level could trigger a sell-off, potentially pushing the exchange rate towards the lower border of the ascending...
USD/CHF Technical Analysis The pair's price is currently oscillating between the blue channel line, representing the movement over the past two weeks with an initial upward wave followed by a corrective bearish wave, and the red channel line at the...