In our discussion, we'll analyse the price changes of the EUR/ USD currency pair. The resistance zone of 1.0724-54 has not been possible, causing the EUR/USD price to fall back to support levels. The initial local support is at 1.0709-04, followed...
The euro fell early in Wednesday's trading session but showed signs of a recovery effort. The 1.07 level has been a critical zone many times, so it’s not surprising to see a small rebound from there. Examining the long-term charts, the 1.07 level...
AUD/ USD Exchange Rate We analyze the live dynamics of the pricing movements of the AUD/ USD currency pair. Yesterday's daily candle on the price action system showed a retest of the 0.6584 support zone, forming a buy pin bar pattern known as an...
EUR/JPY currency pair has seen a recent decline to 170.30, but it's still holding steady above a key support level at the 20-day moving average of 169.22. However, there are signs that further upward movement may be limited. On the bigger picture,...
GBP/USD H-1 On the GBP/USD hourly chart, the price is within a rising channel. Today the pair is declining, and the price has reached the lower border of the channel, which is the level of 1.2685. After reaching this level, the pair stopped falling...