The GBP/JPY pair remains under pressure while the price continues to trade below the strong resistance level marked firmly at 188.50. Technical indicators reinforce bearish sentiment, especially as the MACD stays below its signal line and moves...
General Points about AUDUSD: The AUDUSD market has now reached the 0.6014 level, which is a key support area. That price level often acts as a psychological zone where buying or selling momentum could change direction. From here, the price can...
AUD/USD AUD/USD Has Extended Its Upward Trend to Near 0.6050 - Despite The US-Sino Trade War The AUD/USD rebounded to near 0.6050 in the Asian session on Tuesday, aided by a resurgence in risk sentiment following China's assistance efforts to...
Market Overview NZD/USD is showing signs of short-term bullish momentum after finding strong support near the 0.55065 level. Price action has formed a clear ascending channel, suggesting a corrective or bullish continuation structure. Currently, the...
Technical analysis of XAUUSD The XAUUSD pair continues to exhibit a downward trend, with the current market price trading at 2995. This movement suggests sustained bearish pressure, potentially driven by a stronger US dollar, elevated bond yields,...
