The AUD/USD pair has remained under sustained selling pressure, with price action failing to break through the critical resistance level at 0.6550. This level has proven to be a formidable barrier, reflecting the overwhelming bearish sentiment...
The NZD/USD pair is at a crossroads, with its technical setup pointing to a cautiously optimistic trajectory as long as the 0.5693 support level holds steady. This level is pivotal for maintaining bullish momentum, and its significance is further...
The AUD/USD pair has exhibited significant weakness in recent sessions, entrenched in a bearish trend that reflects both technical and fundamental vulnerabilities. The key pivot point at 0.6550 has acted as a formidable ceiling, with price...
I decided to analyze a younger timeframe for the New Zealand dollar pair. I noticed that earlier, after a rebound from the local minimum at 0.5540, the pair moved upward. I observed the formation of an ascending price channel in the shape of a...
The GBP/USD currency pair traded sideways around the 1.3550 level on Thursday, with a lack of significant economic data limiting market direction. While the President's pronouncements at the World Economic Forum in Davos, including calls for lower...