AUD/USD Analysis: Current Market Situation and Potential Breakouts Introduction The AUD/USD pair is currently exhibiting a consolidation phase, with no clear movement in the smaller time frames. However, an analysis of the H4 time frame reveals a...
Euro/USD Forecast for February 10, 2025 As of the end of last week, the Euro failed to hold strong above the trendline of the price channels, retreating below the declining red channel line on the weekly chart. Overall, the forecast suggests that...
The AUD/USD currency pair is currently displaying strong bullish momentum, with price action maintaining a position above the critical pivot level of 0.6265. This level serves as a crucial determinant for market sentiment, indicating whether the...
The Australian dollar has exhibited notable strength against the U.S. dollar, with the AUD/USD pair maintaining an upward trajectory in recent trading sessions. The key pivot level at 0.6265 has proven to be a crucial technical reference point,...
As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...