### Trading Strategy: Monitoring Resistance and Support Levels I will wait for the price to return to the resistance level at 174.516. If the price consolidates above this resistance level, I will anticipate a continuation toward the next resistance...
On Tuesday, the euro-dollar (EUR/USD) exchange rate saw a decline, briefly dipping below the 1.1050 level before recovering slightly. This downturn was largely influenced by rising geopolitical tensions and disappointing economic data, which...
The USD/CAD pair reversed losses during the Asian session, trading above the 1.3700 level, close to its highest since August 16. Gains were limited amid a rebound in crude oil prices, which tend to support the commodity-linked Canadian dollar, and...
TRADING CHART EUR/AUD H4. The EURAUD currency pair has been declining for over a week, but it appears to have stabilized after reaching the support level (S1) of 1.6039 or the low price of 1.6002. If the downward trend continues below the support...
Over the past three months, USD/CHF has maintained a consistent bullish trend on the daily timeframe, which began in early February and continued until the end of May. On May 30th, the pair experienced a significant decline, accompanied by strong...