AUD/USD Price Forecast Chance for Australian Dollar (AUD) to drop further; given the deeply oversold conditions, a sustained decline below 0.6080 appears unlikely today. In the longer run, AUD is under pressure; it is too early to determine if there...
Reading the EUR/USD Prices Our discussion centers on decoding the live EUR/USD currency pair's pricing movements. The EUR/USD pair began the week with a noticeable bearish gap, highlighting market uncertainty following weekend developments....
The USD/CHF pair presents a complex technical picture, with southern divergence on the Stochastic indicator creating some uncertainty despite a signal favoring growth due to the gap. Notably, three peaks have formed, with a divergence already...
The EUR/USD pair is currently facing strong resistance at 1.0310, a level that plays a crucial role in defining the next market movement. As long as the price remains below this key resistance, the bearish trend remains intact, and traders should...
The Australian dollar remains under heavy selling pressure as it struggles to reclaim the 0.6170 resistance level, reinforcing the prevailing bearish sentiment. The fundamental backdrop remains unfavorable for the AUD, with weak domestic economic...