General Points about AUDUSD: As of now, the AUDUSD market has reached the 0.6391 level, indicating strong buyer momentum that continues to shape trading decisions across the board. The pair has shown resilience, recovering from recent lows and...
General points about EURUSD: EURUSD is currently trading around the 1.1355 level, and it is possible that the bullish outlook will remain strong in the near term. Price action near this zone reflects strong upward behavior, hinting at sustained...
General Points about USDCHF: Twice, the SNB Chairman’s speech did not provide any significant benefit to the CHF, which is why the market closed at the 0.8273 level yesterday. Despite two consecutive speeches, no considerable support was seen for...
Following an early dip to the 1.1310 region, EUR/USD managed to regain traction, now eyeing a retest of the 1.1370–1.1380 resistance zone. The pair’s recovery was supported by a modest pullback in the US Dollar (USD), amid fluctuating sentiment...
The Double Top is a bearish reversal pattern that forms after a strong upward trend. It resembles the letter “M” and consists of two distinct peaks (tops) that reach similar price levels, separated by a moderate dip in between. Price rises to a...
