I am currently revising my short-term forecast for the USD/CHF pair, as the market dynamics have shifted slightly from my initial expectations. Previously, I anticipated a decline to the 50% Fibonacci retracement level at 0.8800, following a break...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. AUD/USD market price has faced resistance at 0.6402 for several days and found support at 0.6335, which has not been broken in any way so far. Technically, if we look at the...
AUD/USD is like riding a roller coaster that is mostly downhill rather than uphill. From the chart, it can be seen that the main trend is still going down quite strongly, as evidenced by the price position which is still in the downtrend channel....
USD/JPY Trading Analysis Update Thursday, March 06, 2025 The trading situation of the UsdJpy market pair in the last few weeks has indeed been running candlesticks with the control of the seller like the market situation last month. From the...
As of March 6, 2025, the Australian Dollar (AUD) has shown resilience against the US Dollar (USD), with the AUD/USD pair trading around the 0.6330 mark. This movement reflects a bullish correction after a period of depreciation. Technical Analysis...