#CL I have studied the situation on the daily chart above and now moved to the daily chart where the situation is a little different, here the possibility of continuing the upward movement to determine the resistance level of 71.61 remains, as...
EUR USD today technical analysis As of March 4, 2025, the EUR/USD currency pair is trading around 1.0501, reflecting a 0.70% decrease from the previous close of 1.0575. Technical Support and Resistance Levels The pair is currently testing the...
The current market dynamics suggest a strong bullish sentiment, as I observe that the northward movement remains a priority without any significant dispute. I believe the recent update to the local maximum of 1.0528 and the subsequent push to 1.0560...
Technology Outlook AUD/USD Daily Chart After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark, and there are essentially no signals from it; usually, it...
Australia's economic growth has remained sluggish, prompting attention to the Reserve Bank of Australia's (RBA) future policy decisions. Although rate cuts are not expected until February 2025 at the earliest, there are growing expectations that...
