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 Australian Dollar (AUD) continues its upward momentum against the US Dollar (USD) for the third straight day on Monday, supported by US President Donald Trump's decision to delay the implementation of reciprocal tariffs. The AUD/USD pair also...
The term "MN chart" refers to the Monthly Chart in Forex trading. This chart provides a visual representation of price movements over an entire month, with each candlestick or bar encapsulating the open, close, high, and low prices for that specific...
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...
Gold prices have broken through the $2,942 resistance level and surged to a new all-time high, signaling strong bullish momentum. This upward movement reflects a confluence of factors, including ongoing trade tensions, weaker US economic data, and...