AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is facing significant challenges against the US Dollar (USD), trading at 0.6204. This marks a continuation of the AUD's decline, which has lost 9% of its value since the start of 2024. The AUD is...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD is in an uptrend and maintains its bullish structure. The price action confirms a strong buying structure consistently creating higher highs and lows. Market Structure and Key Levels 1. Support...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
