AUD/USD Technical Fundamental Analysis (Weekend Next Week) Technical Analysis: Right now, AUD/USD is sitting around 0.6355, and from what I’m seeing, the pair is still struggling to gain any real bullish momentum. The 50-day moving average at...
The AUD/USD pair encountered downward pressure around the 0.6400 level following the release of the SP Global PMI data for February in the US. Despite market participants perceiving the administration's tariff agenda as less damaging than initially...
I observe that the British pound continues to appreciate relative to the US dollar, despite various attempts to push the price lower. I do acknowledge that there were a few corrections to the downside, but overall, the priority remains on buying,...
GBP/USD Technical Analysis: GBP/USD is holding around 1.2600, but it’s struggling to break above 1.2650, which has been a tough resistance level. The 200-day SMA near 1.2550 is acting as a solid support, keeping the pair from dropping further. If...
AUDUSD Analysis The AUD/USD pair has broken out of the downtrend after a long period of decline. Recently, the price tested the critical resistance at 0.6450 and formed a bullish angle. This suggests that the uptrend is slowing down and a reversal...
