I believe the current market movement is quite dynamic, with prices initially moving briskly downward before suddenly surging upward by 200 points. I think this upward momentum is likely to continue, and I expect the price to rise even further by...
Forecast of GBPUSD The lower time frame charts reflect the current trade activity on many currency pairings. On the H1 and H4 time frame charts, I noticed that the GBPUSD price is trading within the range zones. Because market volatility was at its...
Currently, the AUD/USD pair trades near the 0.6300 level, reflecting a slight recovery from prior bearish momentum. The price action indicates that the market has been oscillating within a well-defined range, with strong support around 0.6280 and...
AUDJPY Analysis The Australian dollar has fallen from a seven-month low of 91.80 against the Japanese yen (AUDJPY) and is showing signs of recovery despite remaining within the downtrend channel that has formed over the past two months. This...
AUD/USD Technical Analysis: Right now, AUD/USD is stuck in a bit of a range, with resistance around 0.6600 and solid support near 0.6520. The 50-day SMA is acting as a ceiling, while the 200-day SMA still leans bearish unless we get a convincing...
