The D1 period chart for today shows a continuation of the strong upward momentum that began at the start of March. I observed that the first trading days of this month were exceptionally robust, with the price surging at a high speed. On the very...
AUD/USD Australian Dollar Holds Gains, Though Downside Risks Appear Due To Global Trade Tensions The Australian dollar gained against the USD on Monday, regaining the losses of the previous two sessions. The AUD/USD currency pair appreciation was...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as the market digests key economic developments from both the UK and the US. The pound is struggling to gain momentum, with uncertainty surrounding the Bank of England’s (BoE) next...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
USD/JPY Technical Analysis The USD/JPY currency pair currently trades at 147.041, between key support levels at 146.42, 144.33, and 140.65 and resistance levels at 151.99, 154.87, and 158.90. The pair has shown strong bullish momentum, with buyers...
