On the diurnal time frame map, the price of the EURJPY has been in a bullish trend and above the 26 and 50 EMA lines in the last many trading days. This week, on Monday, during the price decline, the EURJPY crossed these moving average lines to the...
The Australian bone remains under heavy selling pressure as it struggles to reclaim the 0.6170 resistance position, buttressing the prevailing bearish sentiment. The abecedarian background remains inimical for the AUD, with weak domestic profitable...
One of the currency dyads that began in a gap moment was the GBPUSD, which opened in a bearish gap. The gap opening was rather large, but I did n't see any further bearish movement after that because the GBPUSD conducted a range movement....
AUDUSD AUDUSD outlook: The AUD/USD pair is facing significant downward pressure, largely due to a combination of strong U.S. economic data and weakness in Australia’s economic outlook. The Australian Dollar continues to struggle, largely driven by...
EURUSD Technical Analysis EURUSD is currently in a bearish trend, as seen on the H1 timeframe. The price has recently broken below key support levels and is now attempting a pullback. The moving average and RSI indicators provide further...
