Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. AUD/USD market price has faced resistance at 0.7264 for several days and found support at 0.7087, which has not been broken in any way so far. Technically, if we look at the...
The AUD/USD M5 chart presents a textbook example of a bullish continuation structure transitioning from accumulation into a momentum-driven breakout. During the early portion of the session, price traded within a relatively narrow range between...
GBPUSD Chart Review: Use the chart below to evaluate the recent price movement of the GBP/USD pair. I had thoroughly tested the 1.34822 - 1.35322 range and was considering selling options from there. However, last night, one candlestick rose to...
AUD/USD Price Forecast: Aussie Holds Consolidation Bias as Buyers Defend Key EMA Support AUD/USD is trading near the 0.7180 region during Tuesday’s Asian session, recovering part of the previous session’s losses while remaining trapped inside a...
The Tokyo Stand-Off: USD/JPY Coils at a One-Month High as Intervention Anxieties Check Rising Yield Premiums The USD/JPY currency pair has established a tight, high-level horizontal matrix through the first half of Tuesday’s European session. The...
