The AUD/USD currency pair is trading near the 0. 6390 level as a new week starts, indicating that price movements are stable and strong. Analyzing the technical side, the daily chart suggests a positive outlook for the Australian Dollar against the...
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...
Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
The USD/CAD pair remains poised for potential upside amid heightened political uncertainty and shifting macroeconomic dynamics. Former Bank of England Governor Mark Carney’s call for a snap Canadian election on April 28 has added a layer of...
The EUR/USD pair is currently showing a general upward trend, indicating improving market sentiment and a return of buyers to the euro against the US dollar. This bullish momentum has been confirmed by the break of the previous high and the...