Technical analysis of AUDUSD Today I will start technical analysis on AUD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 0.6083 and above...
Forex Cycle line A Forex Cycle Line is a visual representation used by traders to understand and track market cycles in the foreign exchange (Forex) market. These cycles represent the repeating patterns that currency prices tend to follow over...
The first step in developing a forex trading strategy is to set your goals. You need to decide how much money you want to make and how much risk you are willing to take. Your goals should be realistic and achievable. There are many different trading...
USDCHF Technical Analysis April 9, 2025 Technically, I see that the USDCHF pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame USDCHF chart image before...
General points about AUDUSD: At the moment, the AUD/USD market has already broken the 0.6000 level, signaling strong bearish momentum that continues favoring sellers. The pair’s drop below this key psychological level reflects broader strength in...
