Technical Analysis of the US Dollar Index Daily Chart Next week will also be the monthly closing week as the July candle will end and the August candle will begin, and thus the price channels and monthly pivot levels will be updated. But during the...
### AUD/USD Price Outlook #### Current Market Dynamics The AUD/USD currency pair is presently navigating through a complex landscape characterized by mixed signals and critical support and resistance levels. Evaluating the real-time price action...
The GBP/USD pair is trading at 1.2864 by the end of the week, squeezed between the Murray reversal level 2/8 at 1.2878 on the upside and the reversal level 1/8 at 1.2848 on the four-hour chart, while being in a general downtrend. This narrow trading...
### EUR/JPY Trading Analysis The EUR/JPY currency pair is currently trading within a narrow range, bounded by a support level of 171.84 and a resistance level of 172.262. As of early Wednesday trading, the pair is hovering around the 172.20 mark,...
The Australian Dollar (AUD) stabilized above the immediate support level of 0.6520 during Friday's New York trading session. This followed the release of mixed US Personal Consumption Expenditure (PCE) inflation data for June. The Bureau of Economic...