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...
The currency pair appears to be forming a bearish Broadening Formation pattern; however, recent technical developments suggest that bulls may still have the upper hand in the near term. The pair broke above the 20-day Simple Moving Average (SMA) and...
In the event that this particular trading scenario unfolds, it is crucial to carefully monitor the level of 0.5969. This level acts as a significant support point in the current market setup. If the price approaches this level from below and then...
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...
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