Technical analysis of AUDUSD Today I will start technical analysis on AUD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 0.7172 and above support...
*Technical Structure* NZDJPY H1 is trading at *93.034*, breaking below the confluence of the white, blue, and red moving averages near *93.224* after days of consolidation. The pair had been coiling between *93.255* and *93.034*, but the latest red...
EUR/USD Daily Forecast EUR/USD Slides Toward Critical Support as Fed Rate Hike Bets and Middle East Risks Strengthen Dollar Demand EUR/USD ended another difficult week under pressure, extending its decline for a second consecutive session cycle as...
The GBP/USD H4 chart is showing a market caught between recovery and renewed bearish pressure, with price consolidating around the 1.3430 pivot zone, an area that has repeatedly acted as both support and resistance over recent months. Structurally,...
The GBP/USD (Cable) chart displays a comprehensive structural shift over a multi-month period, rotating from a decisive bearish trend into a corrective recovery and subsequent renewed distribution. From late January through late March, the market...
