British Pound to Australian Dollar Price Chart - 5 Minute GBP/AUD 5-Minute Chart Analysis Market Structure Trend The market structure shows a clear downtrend, characterized by lower highs and lower lows. The price action suggests a bearish...
The only European currency is aimed at the third consecutive day of slight losses, as the levels above 1.09 have so far accepted a difficult case. The development of the last few days has partially confirmed my ideas, as it is expressed in previous...
AUD/USD Market Update – March 16, 2025 The Australian Dollar is gaining momentum against the US Dollar, with the pair trading at 0.63225, reflecting a 0.62% increase. This movement highlights a short-term bullish trend in the market. Here’s a...
Importance of Support and Resistance Levels in Trading Support and resistance levels are fundamental concepts in trading that help traders make informed decisions. These levels act as psychological barriers in the market, influencing price movement...
The NZD/JPY currency pair remains in an uptrend as long as the price stays above the key support level at exactly 85.13. Technical indicators confirm the bullish sentiment, with the Relative Strength Index remaining above the neutral fifty level....