Technical Analysis of AUD/USD: Current Downtrend and Market Sentiment Current Market Trend The AUD/USD currency pair is currently in a downtrend, having recently reached the support level of 0.6130. This is significant as it marks the lowest point...
Thursday's gold price increase paused as US Treasury bond rates rose and the greenback saw only modest increases. Ahead of the publication of the most recent US Nonfarm Payrolls data, traders are booking gains, which might cause financial market...
Gold prices have resumed their upward trajectory, driven in part by the ongoing trade tensions initiated by the Trump administration. The precious metal has maintained its bullish momentum, consistently trading above the $2,780 resistance level....
USD JPY Technical analysis As of February 7, 2025, the USD/JPY exchange rate stands at approximately 151.09, with the yen appreciating by 0.25% against the dollar. Over the past week, the USD/JPY pair has experienced notable fluctuations, reaching...
Current Trends and Price Action Analysis of EUR/USD The EUR/USD currency pair is currently in an uptrend on the H1 (one-hour) time frame, with prices hovering around 1.0414. The Relative Strength Index (RSI) is below 70, indicating that the market...
