Technical analysis of AUDUSD Today we will be doing a technical analysis of AUD/USD. The market is currently sitting between our support and resistance levels. There is currently a bearish trend in the market. The current support level of the...
The pair remains locked within a narrow range around 1.4380 during Monday’s European session, reflecting subdued trading activity in a holiday-curtailed week. Consolidation dominates the scene amidst muted market movements, yet the broader outlook...
The AUD/USD pair is trading near 0.6229, reflecting a period of consolidation after a recent downward trend. The price has struggled to maintain upward momentum and appears to be trading below critical resistance levels. While the market seems to be...
Trading journal Monday, December 30, 2024 USDCHF Assalamu'alaikum and good afternoon. I want to update the trading journal which of course is a learning material for all of us, especially myself. Please read and pay attention. There is still a...
The foreign exchange pair GBPUSD recently showed significant movement, rising after failing to break through the previous low. This failure often suggests a potential reversal towards an upward trend. However, the key question is whether this...
