The AUD/USD currency pair, which represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at 0.6549. The prevailing trend is bearish, indicating that the AUD has been losing value against the...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
EUR/ JPY /D1 The EurJpy pair I monitor is running on the bearish side since the beginning of July until it can go down far. The downward trend can still be continued until this week and the price slowly seems to be moving towards the bearish side....
The Pound Sterling has recently shown impressive resilience against the US Dollar, despite the latter's weakened stance. The US Dollar Index (DXY) dipped below 104.80, contributing to the GBP/USD pair climbing to 1.3040, marking a 0.41% increase....
Currently, the price is between 1.0986 and 1.0806, indicating the need for consolidation and clearing the path. On the H4 timeframe, the significant support level is at 1.0986, while the resistance level is at 1.0806. Traders should look for entry...