AUDUSD H4 Time Chart Analysis The AUD/USD currency pair has been moving sideways over the past 4 hours. Strong support is forming at 0.6260. This corresponds to the 38.2% Fibonacci retracement level at 0.6263, as well as the downward correction...
The USD/CHF currency pair continues its upward movement that began on the 6th, with the current wave of four-hour growth showing no signs of completion due to the absence of bearish resistance, despite a Zigzag indicator mark. The price has now...
The USD/JPY H1 chart shows a clear downtrend over the past month, with prices consistently making lower highs and lower lows. The Bollinger Bands indicate a period of volatility, with the price frequently touching the lower band, confirming the...
On Monday, the EUR/USD pair rallied towards the 1.0335 – 1.0346 resistance zone, rejected it, and reversed in favor of the U.S. dollar, dropping to the 23.6% Fibonacci retracement level at 1.0288. A rebound from this level would support the euro's...
GBP/USD Stabilization Amidst Trade Tensions and Upcoming Powell Testimony Current Market Conditions GBP/USD has stabilized above the 1.2350 level as trading progresses on Tuesday. This stability comes amid heightened caution in the markets following...