The AUD/USD pair is currently facing strong downward pressure, particularly as it continues to trade below the critical resistance level of 0.6046. Technical indicators are aligning to suggest a bearish scenario, with the RSI clearly remaining below...
General Points about AUDUSD: The AUDUSD market has now reached the 0.6014 level, which is a key support area. That price level often acts as a psychological zone where buying or selling momentum could change direction. From here, the price can...
Traders anticipate a possible bullish rebound for the USD/CHF pair as price action steadies above the key pivot level 0.8548. Market sentiment leans toward upward movement, supported by recent bullish technical signals and the overall resilience...
Japanese only remains under pressure today due to weak domestic economic data. In February, the main Japanese inflation indicator in the service sector increased by 3.0% year -on -year, which is slightly below 3.1% recorded in January. This number...
The Euro (EUR) faces potential headwinds as European Central Bank (ECB) policymaker Boris Vujčić recently suggested that markets are pricing in three rate cuts this year, a forecast he believes is reasonable. He also indicated that the ECB might...
