Core Points about AUDUSD The AUD/USD market has shown resilience as it closed at the 0.6341 level, indicating that buyers have remained strong. Despite recent economic data releases, including the U.S. Retail Sales report, no significant advantage...
Support and Resistance In forex trading, support and resistance are key concepts used to identify potential price reversal points. These levels help traders make informed decisions about when to enter or exit trades. Here's a breakdown of each:...
The EUR/GBP cross remains under pressure, trading in negative territory around 0.8325 during the early European session on Friday. This marks the second consecutive day of losses for the pair, as the Pound Sterling (GBP) finds support from...
USDJPY Daily Analysis On the daily chart, USD/JPY has formed an ascending triangle. The current value is 152,307 and the maximum support is 149,910. This area has been used several times. It requires the participation of sellers. This will increase...
Analysis of CADCHF Price Movement Current Market Overview The CADCHF currency pair has been showing limited movement in recent days, fluctuating within a range but overall maintaining a stable bullish trend. Analyzing the Hourly (H1) price chart...
