Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.006 resistance and 1.9907 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD is in an uptrend and maintains its bullish structure. The price action confirms a strong buying structure consistently creating higher highs and lows. Market Structure and Key Levels 1. Support...
The USD/CAD H1 chart shows price action oscillating within a broader consolidation phase, with significant resistance near 1.4520 and fluctuating support around 1.4320. The price is currently trading near 1.4400, slightly above the red moving...
Market Fundamentals: RBA Governor Michele Bullock emphasized that "underlying inflation is still too high to be considering lowering the cash rate target in the near term." While such statements typically provide support to the currency, the AUD/USD...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...
