AUD/USD Forecast Good Morning, guys! We saw a bullish scenario in AUD/USD last week, signaling a shift in momentum that favored the Australian Dollar. The pair gained strength as the USD showed signs of weakness, allowing the AUD to achieve a little...
ANALYSIS OF AUD/CHF PAIR. The H1 chart for AUD/CHF presents a significant downtrend, as evidenced by the sustained price action below the 200-period moving average (red line). The price attempted multiple recoveries but faced resistance near the...
EUR/USD Market Overview The EUR/USD market continues its bullish momentum, trading at 1.08617. The market is slowly approaching the key resistance level at 1.09000, while the support level is at 1.08000. No economic data that could significantly...
The euro continued its notable ascent against the US dollar, achieving a year-to-date high around the 1.0550 mark, primarily propelled by the persistent weakening of the greenback. This upward trajectory was set against a backdrop of significant...
Analysis of GBP/JPY at Key Reversal Level 7/8 (187.500) The GBP/JPY currency pair is currently situated at a critical reversal level, specifically the 7/8 level at 187.500. As we assess the potential directions and trading strategies for this pair,...
