It is essential to be prepared for various scenarios, and in the beginning, prices may experience a slight rollback, but eventually, they can trend in our favor. This forecast also takes into account the impact of news. The AUD/USD pair is...
In early July 2024, the AUD/USD market exhibited a strong bullish trend, successfully rising above the 100-period simple moving average. This upward movement suggested the potential for the price to reach the highest monthly zone of 0.6800....
The Japanese Yen (JPY) is on a roll, strengthening for the second day in a row on July 23rd. This surge is fueled by a combination of factors, including increased risk aversion in the market and speculation of an upcoming interest rate hike by the...
Currently, there is a risk of correction as quotes have broken through the local ascending channel's lower boundary at 1.2805 and have approached the key horizontal area around 1.2715. If this area is breached and there is stabilization below it, it...
At the beginning of this week's trading. The price of the pound sterling rebounded above $1.292 after reaching a one-year high of more than $1.30 last week, while the US dollar weakened amid US President Joe Biden's decision to withdraw from the...