AUD/USD Technical Analysis Right now, AUD/USD is hovering around 0.6585, struggling to break above 0.6600 while finding some support near 0.6550. The recent pullback from 0.6620 has put some pressure on the pair, and I’m watching how it reacts to...
EURUSD EUR/USD Outlook: As of January 18, 2025, the EUR/USD pair remains under pressure, with the U.S. dollar continuing to assert dominance. Here's an overview of the key factors shaping the currency pair's movement: Fundamental Analysis: 1. U.S....
The GBP/USD currency pair has displayed intriguing movements recently. The 4-hour chart suggests a bearish trend that continues to prevail, as indicated by the current price of 1.2164, which is approaching a strong support level at 1.2150. The...
1. Adding the ATR Indicator in MT5 Open Your MT5 Platform. Attach ATR to a Chart: Go to Insert → Indicators → Oscillators → Average True Range. Set ATR Parametersefault period is 14. Adjust this as needed (e.g., shorter periods for short-term...
The Japanese Yen has gained strength as a safe haven asset, putting pressure on the CAD JPY exchange rate. The exchange rate reached a resistance level of 110.27, but then experienced a rapid downward movement, reaching a support level of 107.85...
