Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis, the market price is currently between 0.6381 resistance and 0.6312 support. Market prices have now breached this resistance level and rebounded again, indicating that the...
General Points about XAUUSD: The gold market has been moving quite uncertainly lately, showing unpredictable fluctuations in price. One major factor contributing to this uncertainty is the approaching end of the year. As investors and traders adjust...
Technical analysis of the AUDUSD pair The price moved in a downward direction during the previous two weeks, which led to the opening of trading this week within descending price channels. The price also traded below the weekly pivot level, and...
The pound-yen currency pair experienced a two-day decline, trading around 195.40 during the Asian session on Wednesday. However, the potential for further downward movement in this pair may be limited due to several factors. Firstly, the Japanese...
USD/CAD Here’s my take on USD/CAD for today: Technical Viewpoint: The pair is trading close to 1.3600, a key support level. If this level breaks, I expect the next support at 1.3550 to be tested. On the upside, 1.3660 is the immediate resistance,...
