The AUD/USD chart on the M15 timeframe shows a short-term downtrend, supported by price action, a Moving Average (MA), and the Relative Strength Index (RSI) indicator. Here’s a breakdown of the technical analysis to identify key price levels,...
The chart reflects a mix of bullish and bearish phases, with the price currently recovering after a sharp decline. Initial Price Drop: Starting around 13th December, the price was trading above $71. However, a bearish move pushed the price below the...
GBP / USD: A Trading Road Map It is a good scenario for the bulls of GBPUSD in which they hit the 1.2691 level yesterday. This move suggests that there is still some strength in the pair, and the bulls have managed to push prices to this key level....
Technical analysis of NZDUSD Today we will do a technical analysis of NZD/USD. For an idea of the market, it is necessary to do technical analysis, And for this, we take the help of different types of levels and indicators. If we look at the market...
EUR/USD consolidates in a tight range near 1.0500, with investors focusing on the Fed’s policy meeting. The Fed is widely expected to cut interest rates by 25 bps but to deliver slightly hawkish remarks on policy guidance. ECB’s Rehn said that...
