The AUD/USD pair exhibited a bullish bias on Tuesday, trading around the 0.6340 level and progressing upwards within a well-defined ascending channel pattern. This technical formation typically signals a positive market sentiment, suggesting that...
Technical picture: Key levels If the monthly rally continues, the 100-day simple moving average (SMA) at 0.6441 should provide interim resistance, followed by the Nov. 25 weekly high of 0.6549, all of which lies ahead of the key 200-day SMA at...
The USD/JPY hourly chart presents a clear bearish trend, marked by lower highs and lower lows. The price is currently hovering around 151.73, showing signs of testing a potential support zone. The red moving average, likely a short-term indicator...
USDJPY Technical Analysis USDJPY is currently trading around 151.79, testing a key support level. The price is hovering near the 150-period moving average on the daily timeframe, which could act as a dynamic support. The RSI is at 39.40, suggesting...
The AUDCAD chart on the H1 timeframe presents an interesting technical setup characterized by price fluctuations within well-defined Bollinger Bands. The market appears to be consolidating around the 0.9020 level after a previous upward movement,...
