The price movement of the EURUSD pair after experiencing an upward rally does not seem to have experienced a low enough correction phase. In fact, the price was able to pass the high prices of 1.0817 and continue its upward rally. Indeed, with the...
AUD/USD D1 Analysis 07 July 2024 Over the past few days, the AUD/USD price has been moving in various range zones on the D1 time frame chart, as can be seen by looking at the historical data on the chart. AUD/USD hit the trend line in the last...
A bullish trend is evident in the GBP/USD currency pair, which is currently trading above the Ichimoku Cloud at a market price of 1.27416. The Ichimoku Cloud, a key technical indicator, provides insight into potential support and resistance levels....
The EUR/JPY currency pair, currently trading at around 172.02, has been showing a bearish trend, indicating a period of weakness for the euro (EUR) against the Japanese yen (JPY). This downward movement suggests several underlying factors, including...
The present analysis of crude oil prices reveals intriguing dynamics within a defined horizontal corridor, with resistance at 82.49 and support at 80.59. The recent maximum observed today suggests that the support breakdown might have been false....