General Points about AUDUSD: Yesterday morning, Australian Employment and Unemployment rates came out stronger than expected, lifting AUD and building confidence around its short-term strength. Strong labor data indicated that Australia’s recovery...
The NZDUSD H1 chart presents an interesting technical setup, with the most recent candlestick showing an open at 0.5928, a high of 0.5931, a low of 0.5928, and a close at 0.5930. This extremely tight range suggests a period of consolidation, likely...
The EUR/GBP currency pair experienced a slight downward drift following the conclusion of Tuesday's European trading session, retreating towards the lower boundary of its intraday trading range. Despite this minor pullback, the pair remained just...
ANALYSIS OF GBP/AUD PAIR The GBP/AUD pair on the H1 timeframe reveals a pronounced shift in momentum that is both structurally and technically significant. Initially, the pair maintained a stable sideways consolidation between March 10 and April 3,...
The EURUSD pair has shown minimal movement today, with only 27 points gained, indicating a sluggish market. I believe speculators have chosen to take a break, as the lack of volatility is evident across other major currency pairs as well. I observe...