On the fifteen-minute chart of the EURUSD pair, I observe that the price is currently moving in a southerly direction toward the horizontal support line. I believe this movement indicates a potential correction phase, which could lead to a reversal...
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...
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...
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...
I observe that the pair is currently trading above key moving averages, signaling a potential shift in momentum following the breakdown of the prior downward trend. The emergence of a divergence on the indicator reinforces my view that a corrective...
