Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
I observe that the EURUSD pair is currently trading above its moving averages, signaling a bullish shift as the prior downward trend has been invalidated. I note that the recent breakout above resistance at 1.07766 reinforces this upward momentum,...
The EUR/AUD currency pair remains under bearish pressure as long as the price continues trading below the crucial resistance level of 1.7244 in the current market session. Traders closely monitor price action to determine whether the pair will...
The GBP/USD currency pair continues to exhibit a bearish bias as long as the price remains below the key resistance level at exactly 1.2968. Technical indicators suggest continued downside pressure, with the RSI positioned below the neutral fifty...
The only European currency is aimed at the third consecutive day of slight losses, as the levels above 1.09 have so far accepted a difficult case. The development of the last few days has partially confirmed my ideas, as it is expressed in previous...
