GBP/USD Technical Analysis: Right now, GBP/USD is trading around 1.2735, showing some upward momentum. The immediate resistance I’m watching is at 1.2750, with the next level at 1.2800. On the downside, key support sits near 1.2700, and if that...
The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...
AUD/USD From what I’m seeing, the AUD/USD pair is currently trading around 0.6820, showing a bit of upward momentum as it edges closer to the 0.6850 resistance level. If it manages to break above this zone, I think we could see it climb toward...
Technical analysis of AUDUSD Today we will be doing a technical analysis of AUD/USD. The market is currently sitting between our support and resistance levels. There is currently a bearish trend in the market. The current support level of the...