Technical Analysis of AUD/USD As of the current analysis, the AUD/USD exchange rate stands at 0.6278, indicating a bearish trend in the market. The price is currently positioned below the daily Moving Average, a critical indicator that suggests...
I observe that the AUD/USD pair recently tested the support level at 0.6359, where buyers stepped in and pushed the price higher, initiating a northward correction. I note that the pair has since climbed to an intermediate level near 0.6298, though...
What is Intraday Trading in Forex? Intraday trading in Forex, also known as day trading, refers to the buying and selling of currency pairs within the same trading day. Traders aim to capitalize on short-term price movements by executing multiple...
The current situation for the GBPUSD currency pair appears to be relatively calm, especially when compared to the EURUSD pair. I observe that the GBPUSD is still attempting to maintain its northern trend following a minor southern correction. I...
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