Weekly Analysis of AUD/USD (February 17, 2025) Overview This analysis utilizes Elliott Wave theory, support and resistance levels, and the Simple Moving Average (SMA) indicator to evaluate the AUD/USD currency pair on the H4 timeframe. The price has...
The EUR/JPY pair experienced a decline in Asian trading on Monday, retreating to around the 159.10 level after gains in the previous session. This downturn can be primarily attributed to a strengthening Japanese yen, which was bolstered by a...
Analysis of AUD/USD Market Conditions Current Price Action As of now, the AUD/USD currency pair is trading at a price of 0.6353, which is notably positioned above the Daily Moving Average. This indicates a bullish sentiment in the market, suggesting...
The GBPUSD H1 chart exhibits a strong bullish trend, with the price forming higher highs and higher lows, a classic indication of upward momentum. The Bollinger Bands show increased volatility, with the price currently near the upper band,...
EUR/CHF Trading Analysis Update Monday, February 17, 2025 In the European trading session this afternoon approaching evening, there are actually several economic data reports from the European Union. However, the impact may not be too big on the...