AUDUSD TECHNICAL ANALYSIS In today's analysis, I would like to consider moving the AUDUSD pair to the 1-hour chart, because the picture there is more objective. There is a downward trend and the currency pair is trading below the Nichimoku cloud,...
The currency pair experienced a notable decline during US trading hours on Monday, softening to around the 149.60 mark. The price gained strength following comments from Bank of Japan (BoJ) Governor Kazuo Ueda, which were interpreted as increasing...
GBP/USD Technical Analysis H4 Chart On the hourly chart, GBP/USD is currently in a downtrend, indicating bearish momentum in the market. A lower high on the H4 chart confirms the downtrend. A break below 1.2640 could increase selling pressure and...
The currency pair is currently entrenched in a bearish consolidation phase, hovering around the 1.0500 level during the US session on Monday. This marks a significant decline, with the pair remaining just above its lowest point since early August....
EURUSD TECHNICAL ANALYSIS The purpose of this article is to assess whether the EUR/USD currency pair will continue to experience an upward trend, considering that the release of fundamental NFP data is currently exerting pressure on it. Therefore, I...
