The EUR/USD pair is currently facing strong resistance at 1.0310, a level that plays a crucial role in defining the next market movement. As long as the price remains below this key resistance, the bearish trend remains intact, and traders should...
Crude Oil Technical Analysis In the H1 timeframe, Crude Oil prices were previously in a downtrend, but the market structure has changed recently. Despite this change, the overall trend is still on the sell side. However, if the market is bullish, it...
The AUD/USD pair remains firmly entrenched in a downtrend as it continues to struggle below the key 0.6170 resistance level. The Australian dollar is facing headwinds from multiple fronts, including global risk aversion, weaker economic data from...
AUD/USD Price Forecast Chance for Australian Dollar (AUD) to drop further; given the deeply oversold conditions, a sustained decline below 0.6080 appears unlikely today. In the longer run, AUD is under pressure; it is too early to determine if there...
Reading the EUR/USD Prices Our discussion centers on decoding the live EUR/USD currency pair's pricing movements. The EUR/USD pair began the week with a noticeable bearish gap, highlighting market uncertainty following weekend developments....