Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
Currency pair EURUSD - D1 chart. Last week, at the beginning, prices continued to rise, but then they were quickly brought down from the highs reached. The previous week closed almost where it opened. The latest upward wave surpassed the previous...
Euro/US Dollar Shows Signs of Potential Downturn The daily chart for the Euro against the US Dollar (EUR/USD) presents an interesting picture for traders to consider. As of the latest data, the pair is trading around the 1.13619 level, having...
AUD/USD The 4-hour chart for the Australian Dollar against the US Dollar (AUD/USD) reveals a period of considerable volatility and indecision. Price action over the past week has been characterised by significant swings, making it challenging to...
