AUD/ USD Trends and Reversals Let's discuss the topic of the analysis of the AUD/ USD currency pair's price behavior. The AUD/USD pair is testing a seven-month high at 0.6797 as resistance. A successful break above this level could push the pair...
The US Dollar Index (DXY) is in a medium and long-term sideways trend within a multi-year range. Since late July it has been steadily unfolding a down leg within that range from the ceiling at around 105, to the range floor at the 100 level. Price...
GOLD MARKET OVERVIEW Today we will look at the D1 period chart again - the GOLD trading instrument. So far this week we have been moving in the same place, yesterday we went up a little, today we went down a little. And the past trading week turned...
Geopolitics, expectations for the start of the Federal Reserve rate cut cycle, positive news from the US and China, and risks of a production halt in Libya at 1.17 million bpd have revived oil prices. Brent quotes surged more than 7% over three...
AUD-USD PAIR FORECAST On the H1 timeframe, AUDUSD shows a strong bullish trend, marked by the position of the EMA 50 which is above the EMA 100. This is an indication that bullish momentum is still dominant in the current price movement. In...