Technical Analysis EUR/USD H-4 Chart Current Price: 1.056 The pair is below both the moving averages (MA50 and MA200), which indicates bearish sentiment in both the short and long term. Moving Averages: MA50: As the price is trading below this...
Yesterday, we noted that ‘As momentum indicators are turning flat, further sideways trading appears likely, probably in a range of 0.6445/0.6485.’ The subsequent advance that sent AUD to a high of 0.6510 was unexpected. The advance did not result in...
AUD/USD Market Outlook Greetings and Good morning! The Australian Monetary Policy and the Reserve Bank of Australia's (RBA) Governor Speech are key factors expected to support buyers in the AUD/USD market, signaling a potential bullish momentum....
EUR/USD technical analysis: 4-hour chart: If we look at the market price in the 4-hour time frame, the market structure is currently near the salt tip and is going down following the market price structure. The current resistance level area of...
Technical Analysis USD/JPY H-4 Analysis of the latest events for the USD/JPY currency pair shows the bears have made a very good correction, but they still failed to reverse the four-hour tend to the south and, one might say, they only licked the...
