The Resistance Area is identified between 162.72 and 162.31, meaning the price has faced selling pressure in this region. When the market approaches these levels, sellers tend to re-enter, preventing further price increases. A breakout above this...
The AUD/NZD currency pair is currently showing signs of a potential rebound, with price action maintaining strength above the key pivot point set at 1.0902. The technical indicators suggest bullish momentum, as the RSI is positioned above the...
AUD/USD flirts with short -term SMA MacD and RSI seem negative AUD/USD published three consecutive red days and approached 20 and 50 -day simple movable diameters (SMA) slightly below 0.6300. The recent fall on the market is also confirmed by...
EURUSD Daily Forecast The EUR/USD pair has seen a significant change in momentum, moving from a long-term downtrend to a well-defined uptrend channel. After forming a base near 1.0200, the pair gradually built upward pressure, making consistent...
On the daily chart, I observe that the pair is moving south, and I note that there were significant sales on Friday as well. I am curious whether this downward movement will persist on Monday or if there will be a shift in direction. To better...
