EURUSD currency pair - D1 period chart. The wave structure on this senior period is still building its order downwards. The MACD indicator is in the neutral zone near zeros. Since about mid-January, a expected upward correction has been working out,...
AUD USD As of early February 2025, the Australian Dollar (AUD) has been experiencing a notable decline against the U.S. Dollar (USD), trading below 62 U.S. cents—a level not seen since 2022. This depreciation is primarily attributed to a...
GBP/USD Market Analysis Technical Overview GBP/USD is currently in a strong downtrend, with bearish momentum continuing from the previous week. On the daily timeframe, the pair rejected the $1.25000 resistance level and declined sharply, reaching...
The NZD/ USD currency brace saw some buying interest during Friday's Asian trading session, suggesting a implicit pause in its recent downcast trend. The brace had been on a three- day losing band, reaching a low near 0.5620, its weakest point in...
Outlook for the Week Ahead on GBPUSD Given the anticipated BoE rate cut and ongoing economic uncertainties, the GBP/USD pair may experience increased volatility in the coming week. Traders should monitor key economic indicators, including employment...
