Analysis and Trading Strategy for AUD/USD (March 8, 2025) The AUD/USD currency pair is currently trading at 0.6306, with a monthly pivot point at 0.6235. Key resistance levels are R1 at 0.6382 and R2 at 0.6556, while the support level is S1 at...
EUR/GBP Trend Movement Update Currently, the EUR/GBP price is experiencing a significant spike after a fairly long downtrend phase. This sharp increase indicates a strong push from the buyer's side, which has brought the price up to penetrate...
Technical Market Analysis Technical market analysis is a method used by traders and investors to evaluate and predict price movements based on historical market data, primarily focusing on price charts, volume, and various technical indicators....
GBP/USD Pair Price Action Recap Trading in the GBPUSD market pair on Friday was again dominated by buyers who were able to keep prices above the buyer support area at a price of 1.2875-1.2876 which has not been broken out by the seller so that the...
USDCAD Daily Outlook The daily chart of the USD/CAD pair shows an interesting mix of price action, stability, and volatility, with recent attempts to maintain upward momentum coming under bearish pressure. Recently, the price tested a strong...
