Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price fell below the 0.6294 resistance and rebounded after reaching the 0.6223 support. If the market fails to break above this support, the price is likely to...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
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EUR/USD Greetings and Good Morning guys! The market sentiment of EUR/USD looks in favor of buyers today, as they successfully crossed the 1.0422 zone yesterday. This bullish momentum suggests a continuation of the upward trend, making it an ideal...
USD/JPY As of today, USD/JPY is showing some significant movement, with the pair dropping to an eight-week low of around 151.81. From my perspective, this decline is critical because it’s breaking below the 50-day moving average, signalling a...
