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AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to this...
In Wednesday’s EU session, the EUR/USD pair exhibited notable weakness, flirting with immediate support at 1.0683. This bearish shift in the Euro was precipitated by an unexpected political upheaval in France. President Emmanuel Macron's...
Bear flag patterns are technical chart formations that signal the continuation of a downtrend in the forex market. These patterns are commonly used by traders to identify potential entry points for short positions, allowing them to capitalize on the...
Analyzing the dynamic pricing behavior of the USD/JPY currency pair on the M15 time frame during a typical trading day reveals fascinating insights into market movements and potential trading opportunities. This pair, influenced by economic data,...