The EUR/USD currency pair continued its downward trajectory on Monday, reaching a fresh 26-month low of 1.0200, a level not seen since late 2022. This decline occurred against a backdrop of lackluster European economic data and the anticipation of...
The forecast for AUD/USD suggests an upward movement of 21-41 pips if the price maintains trading above the 0.6160 pivot level. With this pivot level acting as a critical point, traders are advised to take long positions above it, targeting...
EUR/USD H-1 Time Frame Technical Analysis The EUR/USD pair on the H1 timeframe shows a consistent bearish structure, characterized by the formation of lower highs and lower lows. This downward trend indicates the strengthening of the US dollar...
In the given scenario, AUD/USD is expected to rise by 21-41 pips if it trades above the pivot point of 0.6160. The primary strategy for traders would be to go long once the price stays above this level, with targets at 0.6215 and 0.6235. The RSI...
The NZD/USD pair is showing a favorable bullish outlook, with an expected rise of 31 to 46 pips if the support at 0.5572 holds. The Relative Strength Index (RSI), currently above the 70 mark, indicates that the pair is in an uptrend, but also...