Welcome to my GBP/USD Technical Analysis: I see that the main events for the GBP/USD pair are unfolding on the weekly time frame, where buyers are attempting to push the quotes above the medium-term northern start line at 1.2446. I observe that the...
Forex and Cryptocurrency Forecast for January 27 – 31, 2025 The past week in the financial markets has seen mixed movements across major currency pairs, cryptocurrencies, and commodities. The euro-dollar pair (EUR/USD) has been navigating a...
Australian Dollar Struggles Below Key Resistance: Bearrish Moad The Australian dollar attempted to rally during Friday's retail session but, like the Euro, faced significant resistance near the 50-day moving average (EMA). The currency hit a barrier...
The Australian Dollar’s (AUD) rebound against the US Dollar (USD) at the start of the week highlights its resilience in the face of global economic developments. Key contributing factors to the AUD’s strength include a rise in the ASX 200 Index,...
The AUD/USD exchange rate experienced a sharp decline during the North American trading session on Tuesday, falling to around 0.6220. This significant drop followed several failed attempts by the pair to break above the crucial resistance level of...
