The EUR/AUD currency pair remains under bearish pressure as long as the price continues trading below the crucial resistance level of 1.7244 in the current market session. Traders closely monitor price action to determine whether the pair will...
Analysis of NZD/USD Currency Pair In the current market scenario, the NZD/USD pair is exhibiting several notable trends and patterns across different time frames: daily (D1), four-hour (H4), and hourly (H1). This analysis will provide a...
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...
USDCHF Analysis Daily (D1) Overview: The USD/CHF currency pair has been trading below its moving averages and has recently broken through a key support level at 0.88650. Given that the pair is positioned below the moving averages and has breached...
The pair is currently trading above the moving averages, which suggests a potential bullish bias in the market. However, I notice a divergence on the indicator, which indicates a possible decline in the near term. Since the price is still above the...
