AUDUSD TECHNICAL ANALYSIS The AUD/USD currency pair shows a promising setup for continued bearish movement, especially with the current chart pattern supporting the bearish outlook. The four-hour chart shows a stable downtrend channel, with sellers...
I am waiting for the USD/JPY pair to break out of its current range, defined by the levels of 148.05-149.25 and 150.75-151.75. The increasing volume suggests that a significant move may be imminent, though it's difficult to predict the direction at...
The US dollar is strengthening against the yen at key levels The US dollar showed modest strength against the Japanese yen during early trading on Monday, with the 150 yen level remaining a key target for market participants. Technically, the pair...
USDJPY Technical Analysis: If we look at the market in the four-hour time frame, the market price is currently at a major resistance level, and the market is resisting a lot at this resistance level. If the market cannot break this resistance level,...
General Points about GBPUSD: After a significant decline, the GBPUSD market is now returning to its original position, which is a positive development for investors. The recovery signals a potential bullish trend, providing an optimistic outlook for...