TECHNICAL ANALYSIS Resistance and Key Support Levels According to the custom Excel VBA macros I rely on to calculate daily pivot points, immediate upside resistance is firmly entrenched at the 160.75 structural ceiling. A decisive daily close above...
AUDUSD Trend Outlook: I'll look at the AUD/USD currency pair's dynamic price behavior in real time. A breach below the 61.8% correction level between the 0.70034 and 0.70034 waves indicates the possibility of further decline because buyers were...
USDCAD Daily Forecast USD/CAD Rally Loses Momentum Near Multi-Month Highs as BoC Decision Comes Into Focus The US Dollar is still trading from a position of strength against the Canadian Dollar, but the latest price action suggests the rally is...
TECHNICAL ANALYSIS OF EUR USD PAIR. On the EUR/USD H4 timeframe, the overall market structure continues to favor the sellers despite the latest intraday rebound from the recent lows. Price is trading around 1.1558, remaining below the major moving...
Technical analysis of AUDUSD Today I will start with a technical analysis of AUD/USD. The market is currently in a downtrend and the trendline is helping the market enter the downtrend. The market is currently trading below the 1.0582 resistance and...
