AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
West Texas Intermediate (WTI) crude oil prices staged a recovery from their intraday lows during Thursday's Asian trading session, settling around the $62.20 per barrel mark. This rebound, however, appears to be encountering significant headwinds as...
The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
The USD/CAD pair remains under pressure while trading below the key resistance level of 1.3907 in the current market conditions. Technical indicators confirm the bearish scenario, with the Relative Strength Index (RSI) positioned firmly below the...
Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
