GBPJPY Daily Chart Analysis From the GBPJPY daily chart for the mentioned period, there appears to have been a change from a corrective bearish phase to a developing bullish recovery, although there is bearish pressure as the price approaches a key...
EUR/USD Daily Chart Analysis EUR/USD is recovering some of its Thursday losses, trading on Friday (Oct 20) at levels near 1.1560. This comes from the sharp reversal of gains from the prior day, primarily due to the increased hawkish tone from the...
AUDUSD Daily Forecast The AUD/USD is currently trading at the level of 0.7040 mark. In contracts due for the close of the week, the pair has shown downward trading movement. Global trends in the markets have mostly ignored supportive trends in...
DAILY CHART ANALYSIS OF AUDNZD The AUDNZD daily chart shows a distinctly bullish trend with a price action construction of the ascending channel. The market adjusted from a consolidation phase at a 1.1500-1.1550 range (100.0% Fibonacci base) and...
AUD/JPY is trading near 112.00 during Fridays European session, maintaining its bullish momentum following the Reserve Bank of Australias second consecutive rate hike. On the 1-hour timeframe, the technical structure reveals a firmly bullish...