ANALYSIS OF EUR/AUD PAIR. The EURAUD dropped on Wednesday morning because it couldn't stay above the SMA50 line on the daily chart. This caused it to drop to around the SMA5 support level. If it goes below this level, it could fall further to the...
Based on the recent technical analysis of gold, the market still appears to be in a dynamic and interesting phase, especially since the price touched the crucial level of $3,200. This level is significant both psychologically and technically,...
On Wednesday, West Texas Intermediate (WTI) crude futures settled near the psychological level of $64.00, experiencing a decline driven by growing concerns over a possible Israeli attack on Iran's nuclear facilities. This geopolitical tension, which...
AUD/USD D1 TIME FRAME TECHNICAL OUTLOOK: If the dollar index reaches the upper resistance area at 98.00, the price will further drop if the AUDUSD price falls below 0.6584. I also predict that the price will drop below 0.6695 if it crosses 0.64785...
I observed that on Tuesday, the GBPJPY pair nearly touched the daily upper Bollinger band before reversing downward. I notice that the current pullback is relatively mild, suggesting a lack of strong bearish momentum. I also analyzed the RSI and...
