The EUR/USD currency pair is currently trading at 1.1035, positioning itself nearly at the midpoint between the established support and resistance levels. The support level is set at 1.1002, while the resistance level lies at 1.1065. This current...
GBP/USD In the US session, bulls actively pushed the price upward despite the bearish daily chart. As soon as this happens, I check the Bollinger Bands indicator: where everything seems clear on D1, bulls are slowly taking over on H4. The price has...
DOLLAR INDEX ANALYSIS #USDX August 16, 2024 The price movement shown shows a pattern of lower highs and lower lows, indicating that bearish forces are still dominating this market. From the chart, it is clear that the 103.40 level acts as a strong...
Current Market Conditions for AUD/USD: Bearish Sentiment and Target Levels Hi everyone and all forum members, The ongoing activity in the AUD/USD market shows that buyers are still active, prompting a re-drawing of the channel due to changes in the...
AUD/USD Weekly Outlook: Technical Analysis and Market Trends As we enter the new week, the AUD/USD pair presents a notable technical scenario on the daily chart. The price has successfully established itself above the key horizontal resistance level...