The AUD/USD pair, currently trading around 0.6623, has been exhibiting a bearish trend. This sluggish performance has been a result of several factors influencing both the Australian dollar (AUD) and the US dollar (USD). However, there are reasons...
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EUR/USD currency pair’s price action. Currently, we’re examining the EUR/USD currency pair’s price action. The pair is experiencing a pullback and trades at 1.0769. The primary resistance level is 1.0779. The EUR/USD will likely remain bearish, and...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
USD/JPY H-4 H4 period chart - USDJPY currency pair. It’s clear now that last week we didn’t really go anywhere, and I continue to stick to the upward scenario. We didn’t go for the time being. The general trend in all older periods, starting from...