AUD/USD Weekly Outlook: Technical Analysis and Market Trends As we enter the new week, the AUD/USD pair presents a notable technical scenario on the daily chart. The price has successfully established itself above the key horizontal resistance level...
DOLLAR INDEX ANALYSIS #USDX August 16, 2024 The price movement shown shows a pattern of lower highs and lower lows, indicating that bearish forces are still dominating this market. From the chart, it is clear that the 103.40 level acts as a strong...
USD/CHF D-1 The first trading day of the new week was quite weak. I suggest considering the USDCHF pair - D1 period chart. The pair were not very active in the past week; they went up a little and down a little. Of course, the decline was a little...
The Euro has seen a remarkable rally of late, and as we enter the early hours of Monday, it looks set for a slight decline. However, I don't expect this retracement to be particularly deep. It looks like this week is likely to be relatively quiet in...
For the third day in a row, the currency pair has remained in positive territory, trading around 1.0965 during Monday's US session. This recent upward movement comes after a spell of losses influenced by a bleak economic forecast for the Eurozone...