The price is currently trading around 70.12, with key horizontal levels identified on the chart, such as 69.07 (support) and areas near recent highs. The Moving Average (MA) and Relative Strength Index (RSI) are the two primary indicators used,...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis; if you see the market price in the 1-hour time frame, the price is falling, which helps the price to pull the trend line lower. The market price breaks the friendly line and...
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The USD/CHF pair exhibited a narrow trading range around 0.8990 during the early European session on Tuesday, reflecting a subdued market environment as year-end approaches and trading volumes typically thin. The US dollar continued to draw support...
Analysis of AUD/USD Pair: Market Trends and Technical Indicators Market Trend Overview The AUD/USD currency pair has been following a downward trend, as indicated by the price action on the chart. The use of moving averages has highlighted key...