AUD/USD Technical Analysis: AUD/USD has been consolidating around 0.6550-0.6600. It is now struggling to break key resistance at 0.6620. The 200-day SMA is capping upside momentum, while the 50-day SMA is providing near-term support around 0.6550. ...
Today, I would like to draw attention to the daily period, where I observe that the bears are still firmly in control and continue to develop their downward direction. I believe there is still significant potential for further decline, as I...
Currency pair AUDUSD - D1 period chart. After the last growth wave updated the previous maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only needed to detect...
The USD/CAD hourly chart reflects a strong bullish trend, with the price currently trading around 1.4463. The market has shown consistent upward momentum, with buyers maintaining control. This movement has pushed the price toward the upper Bollinger...
USD/CHF Technical Analysis: Current Price Action: As of March 1, 2025, USD/CHF is trading around 0.9027. This puts the pair near the resistance level at 0.9053, which has capped previous bullish moves. I’ll be watching to see if the pair can break...