AUDUSD AUD/USD outlook: The Australian Dollar (AUD) is facing significant headwinds today as it trades near 0.6215 (Buy) and 0.6212 (Sell) against the U.S. Dollar (USD). The Aussie is under pressure due to a combination of China’s economic slowdown...
Forecast of AUDUSD The AUDUSD breached the 0.6186 support level on the daily time frame chart last week, but the price then moved to the oversold level on the RSI indicator and several of other technical indicators. The AUDUSD broke above this price...
I will look for an opportunity to sell assets from this level down to 0.9080. I understand that if the price breaks through this profitable level, it will signal a continuation of the bearish trend. I am aware that an upward correction might occur...
Forecast of EURJPY The trend direction is unclear because the EURJPY's price movements on the daily time frame chart are centered around the moving average lines. It appears that the price activities of the EURJPY are in distinct range zones because...
Bitcoin Fundamental Analysis: Bitcoin is pushing towards the key psychological level of $100,000, and I’m seeing strong confidence in the market. Institutional players are showing continued interest, and the recent regulatory developments in the...