AUDUSD Daily Forecast On the AUD/USD chart, we can see that the ascending channel has broken downwards. The price is making higher highs and higher lows before breaking the support level. This gap indicates a change in trend. The price is currently...
Technical Analysis of EUR/USD The EUR/USD pair closed the trading session at 1.03741, reflecting a cautious market sentiment amid ongoing macroeconomic uncertainties. The pair has been trading within a defined range, with key resistance at 1.04074...
Analyzing the behavior of the EUR/JPY pair over the past trading week, I first want to highlight the reaction of market participants to the key level of 154.68 (Murray 3/8). I noticed that this level has demonstrated its significance repeatedly in...
USDJPY Weekly Forecast The USDJPY weekly chart is slowly breaking out of the uptrend line. Prices are in a long-term uptrend, but recent developments suggest that a trend change could be imminent. A strong bearish candle ended below the trend line,...
Technical analysis of GBPAUD Today we will do a technical analysis by looking at the chart of GBP/AUD. The market is currently between its support level of 2.0235 and resistance level of 2.0445. Currently, the market is close to its support level,...
