AUD/USD Outlook Greetings and Good Morning, guys! On Friday, the AUD/USD market crossed the 0.6200 zone successfully, marking a significant move in the currency pair. This breakthrough highlights the stability of the USD, reflecting its resilience...
The EUR/GBP pair experienced a downturn on Monday, relinquishing gains accrued in the previous trading session and settling around the 0.8330 mark. This decline is primarily attributed to the euro's vulnerability, as the European Central Bank (ECB)...
ANALYSIS OF GOLD PAIR. The provided chart for GOLD on the H4 timeframe shows a strong uptrend over the past several months, with price making higher highs and higher lows. However, the recent price action suggests a correction as price has...
TRADING CHART ON USD JPY H1. On Monday, USDJPY started trading above 150.07, which is the pivot point, and also above two moving average lines that are about to intersect. If the price stays steady, it could create a golden cross, signaling a...
The EUR/USD currency pair experienced a significant decline on Thursday, with the Euro depreciating by approximately 0.9 percent against the US Dollar, falling below the 1.0400 level for the first time in roughly two weeks. This downturn was...