It seems like there is an attempt to go up and reach the level of the current local maximum at 1.05326, without a thorough breakout and consolidation behind it, nothing special will shine for buyers. The entire growth can be easily leveled, and...
Technical Analysis of AUD/USD In this analysis, we will explore the current state of the AUD/USD market, focusing on its recent price movements and potential future directions. The market price has recently begun to decline below a downtrend line...
The current price of 1.4190 is situated below the Daily Moving Average, indicating a bearish sentiment in the market for the USDCAD currency pair. This aligns with the ongoing bearish trend, which suggests that sellers are in control and that the...
The USD/CAD H1 chart exhibits a strong bearish trend, characterized by consistently lower highs and lower lows. A notable feature is the sharp decline from the peak near 1.4800, which has been followed by an extended period of consolidation. The...
EURUSD EURUSD outlook: The EURUSD pair continues to experience volatility due to ongoing economic data releases and central bank expectations. The strength of the U.S. dollar remains a dominant force, particularly in light of the U.S. Federal...