On Friday, I observed another sell signal when the price broke the 0.57543 support level from top to bottom. I noted that the price consolidated below this level, confirming a sell opportunity towards the 0.57178 support. I now consider this sell...
Let’s look again at the D1 period chart today in the middle of the week - the EURUSD currency pair. In this senior period, it is best seen that the price is now within the error limits of the horizontal resistance level of 1.0500. It is also such a...
Strategic Insights: EUR/ JPY Prices The EUR JPY currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the resistance area above and also price consolidation. If...
AUD/USD As of today, AUD/USD is showing some volatility, with both technical indicators and fundamental factors influencing its movement. Technical Analysis: Right now, AUD/USD is hovering around the 0.6350 level, a key support zone that’s been...
AUD/USD Trading Analysis Update Wednesday, February 26, 2025 Australia's annual inflation data (CPI y/y) did not change and remained flat at around 2.5%. This certainly encouraged the AUDUSD pair price to continue its downward rally. In addition,...
