The euro continued its notable ascent against the US dollar, achieving a year-to-date high around the 1.0550 mark, primarily propelled by the persistent weakening of the greenback. This upward trajectory was set against a backdrop of significant...
Analysis of GBP/JPY at Key Reversal Level 7/8 (187.500) The GBP/JPY currency pair is currently situated at a critical reversal level, specifically the 7/8 level at 187.500. As we assess the potential directions and trading strategies for this pair,...
AUD/USD Forecast Good Morning, guys! We saw a bullish scenario in AUD/USD last week, signaling a shift in momentum that favored the Australian Dollar. The pair gained strength as the USD showed signs of weakness, allowing the AUD to achieve a little...
On the daily chart, I observe a clear priority for upward movement in the AUD/USD pair. I note that the pair has been trading within an ascending channel for a significant period, and I can see that it is forming logical and well-defined zigzag...
The EUR/USD pair is currently trading at 1.08326, and I observe that it is moving in a northerly direction. I can see on the daily chart that the MA36 indicator is pointing north, which suggests a potential continuation of the bullish trend....