The AUD/USD pair is trading near 0.6229, reflecting a period of consolidation after a recent downward trend. The price has struggled to maintain upward momentum and appears to be trading below critical resistance levels. While the market seems to be...
The pair remains locked within a narrow range around 1.4380 during Monday’s European session, reflecting subdued trading activity in a holiday-curtailed week. Consolidation dominates the scene amidst muted market movements, yet the broader outlook...
EUR-JPY PAIR REVIEW The current price movement is quite interesting, especially because it is in a critical area that has the potential to determine the direction of the next trend. Let's discuss it further with a simple but still in-depth...
The foreign exchange pair GBPUSD recently showed significant movement, rising after failing to break through the previous low. This failure often suggests a potential reversal towards an upward trend. However, the key question is whether this...
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...