# AUD/USD The market responded with a slight weakness to the Australian dollar, after the Reserve Bank of Australia cut the refinancing rate by 25 basis points to 4.10%, from 4.35%. But after the downward pullback, the price recovered, forming a...
GBP/USD Price Action Analysis The daily chart of GBP/USD is currently showcasing some interesting levels. The market has rebounded from the support area at $1.2159 and is now trading around $1.2600. Since December, the price has consistently formed...
Comprehensive Analysis of USD/JPY Trading Market Overview Yesterday, the USD/JPY currency pair attempted to break above the resistance level at 152.30 but was unsuccessful. The buyers struggled to push the price higher, leading to a consolidation...
EUR/JPY Price Action Summary EURJPY fell again in the market movement yesterday Monday. However, the bearish that occurred was still held back by the MA 50 line. The price then moved sideways after approaching the MA 50 line and until this morning...
During European trading hours on Wednesday, the EUR/USD currency pair is trading within a tight range around 1.0450, as market participants await a clear breakout. The 50-day Exponential Moving Average (EMA) continues to provide robust support for...
