Market Fundamentals: Escalating geopolitical tensions in the Middle East continues to drive investor concerns, fueling fears of potential supply disruptions and providing upward momentum for crude oil prices. Hopes remain high that China's recently...
USD/JPY currently enjoys a strong bullish technical configuration, with the pivot at 154.59 acting as a vital support level that underpins the pair’s upward momentum. The RSI is firmly above 50, indicating that buying pressure remains robust and...
Forecast of EURUSD The price of the EURUSD increased generally on the daily time frame chart for the price adjustment, and last Friday this trading asset even crossed the 50 EMA line. On Monday of this week, however, the EURUSD completed the price...
EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
Currency pair AUDUSD - D1 period chart. January has passed and the downward wave structure on this chart can be said to have already broken after the last growth wave updated the maximum of the previous wave. The MACD indicator is still in the lower...
