I observe that the EURUSD pair is currently trading above its moving averages, signaling a bullish shift as the prior downward trend has been invalidated. I note that the recent breakout above resistance at 1.07766 reinforces this upward momentum,...
AUD USD general point As of March 16, 2025, the Australian Dollar (AUD) is trading against the US Dollar (USD) at approximately 0.6585. Technical Analysis and Forecast: Recent technical indicators present a mixed outlook for the AUD/USD pair. The...
Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
In the trading session that took place yesterday, the NZDUSD currency pair exhibited a bullish movement, closing at a price of 0.5744. This closing price was notably higher than the opening price from the previous day, indicating a positive shift...
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...
