Important Points about AUDUSD: The AUD/USD market is currently trading at the 0.6312 level, and sellers will likely remain dominant. The lack of significant news events for the Australian dollar this week has contributed to a bearish outlook for...
The chart reflects a mix of bullish and bearish phases, with the price currently recovering after a sharp decline. Initial Price Drop: Starting around 13th December, the price was trading above $71. However, a bearish move pushed the price below the...
USD/JPY Technical Analysis The USD/JPY is currently trading near 148.20, consolidating after recent bearish moves. On the 4-hour chart, I’ve noticed that the pair is below the 50-period Moving Average, which reinforces a bearish trend. The RSI is...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, and the market has moved up; the trend line that helped push the price higher has been broken. The market price is currently between the support level at 1.2610 and the...
Good to all. Again, GBP/USD has sharpened its claws poorly for the north, climbing uphill is not like rolling downhill, we roll down much faster than we row uphill. In general, yesterday we were spinning, it was hard, but we were going uphill, only...
