AUDUSD H1 Chart Analysis: The pair only started to move upward in the evening after spending the entire day at the lower edge of this channel. The pair may reach the top border of this channel, 0.70009, if the price keeps rising. Furthermore, if the...
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EURUSD 5-Minutes Analysis: The euro fell below the 1.14034 price level on Wednesday; it is currently trading slightly above that level, and more drops are likely in the near future. However, we should exercise caution because FOMC press conferences...
AUDUSD 4-Hour Analysis: AUD/USD concluded the last trading day of CY2022 on a positive note following severe pressure on the US Dollar Index (DXY). The Australian asset maintained its winning streak for the sixth day despite reduced trading activity...
GBP/USD technical analysis GBP/USD rises to near 1.3345 as the US Dollar faces selling pressure. Renewed US-Iran peace hopes have weakened the US Dollar. The Fed and the BoE are expected to leave interest rates steady this week. The British Pound...