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...
The Japanese yen maintained a defensive stance against the recovering US dollar during the early European trading session on Wednesday. This comes despite a lack of significant follow-through buying interest, largely attributed to market...
I extend my sincere greetings to you, windnata, and I hope your trading week has been productive. I observe that the pound has taken a pause after its rapid growth the previous week, entering a flat phase with a limited price range. I note that...
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...
Greetings to all traders! I hope your trading week has been fruitful. This week, the British pound (GBP) experienced a brief pause after its rapid growth the week before. The GBP/USD currency pair entered a consolidation phase, with the price...
