General points about AUDUSD: Right now, the AUD/USD market has dropped again and is currently trading around the 0.6242 level, signaling renewed selling pressure in the pair. The recent drop shows that yesterday’s U.S. Unemployment Rate data favored...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning everyone. I will discuss the crazy GBP/USD pair. If you look at the current situation, we can see that GBP/USD is still trading below the 20 exponential moving averages and 50...
The EUR/USD currency pair experienced a notable surge on Thursday, demonstrating a strong upward trajectory that propelled it to approximately the 1.1100 level. This significant rally occurred primarily during the European trading session,...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello members, I want to thank you all for your time today. The main topic of discussion today will be the technical analysis of the EUR/USD pair. The price of EUR/USD is running in the 1.1063 area....
Trend lines are a fundamental tool in forex trading, providing valuable insights into price movements and potential entry or exit points for traders. These lines are drawn on charts to visually represent the direction and strength of a trend. In the...