Currency pair AUDUSD - let’s consider the chart of the D1 period. The first week of February trading passed; earlier, January passed, showing movements in various directions. There was a good upward correction which was preceded by a bullish...
The USD/CHF currency pair is currently positioned for a potential upward movement, with an expected increase ranging between 38 and 58 pips, based on technical indicators and market trends. This forecast is primarily driven by the pivot level at...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...