The AUD/USD outlook reflects a predominantly bearish sentiment, with expectations of a decline ranging from 17 to 32 pips. This sentiment is grounded in the 0.6295 pivot point, a decisive level for shaping trading strategies. Short positions below...
EUR/USD PAIR REVIEW Price of currency: EUR/USD On the EurUsd market pair traded on Wednesday yesterday was controlled by buyers who entered more dominantly so that they were able to bring the price of the EurUsd pair up bullish but in the afternoon...
The results of the Canadian inflation data report (CPI) which are still mixed seem to weaken the outlook for the Canadian Dollar currency, thus supporting the rally in the EURCAD pair price increase. When observed, there is a bullish candlestick...
The GBP/USD currency pair demonstrated a brief period of resilience this week, managing to surpass the 1.2500 level after experiencing significant declines last week that pushed the pair to its lowest point since May at 1.2474. This downward trend...
The technical forecast for AUD/USD underscores the critical role of the 0.6295 pivot point in determining short-term price movements, suggesting a possible decline of 17 to 32 pips. Below this key level, traders are advised to adopt short positions,...
