Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price continues to rise, it has just risen from the trend line, and now this market has broken the trend line. The oscillating cost trendline has been broken,...
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EURUSD Technical Analysis EURUSD is currently trading at 1.07721 on the H1 timeframe, showing a clear bearish trend. The price is moving below the 150-period moving average, indicating selling pressure in the market. Recent price action shows...
EUR/USD. March 28. Bears Retreat but did not give up On Thursday, a few euros/USD bounced off of 161.8% of Retracement Retracement level to 1.0734 and rose to the resistance zone 1.0781-1.0797. Jumping from this zone would prefer the US dollar and a...
A couple AUD/USD continues their lateral consolidation and remains to a known range near the key psychological level of 0.6300. This movement is powered by several factors affecting the sentiment of the global market. Recent US President Donald...