The Australian dollar initially retreated to 0.6650 but has since shown signs of recovery. It looks ready to exit the full-size square, potentially aiming for the 0.69 level. An interesting development to watch will be whether the 200-week EMA is...
Hi all, the trading range for today lies between the EMA200 at 0.9245 and the level of 0.9185. It is important to note that these two levels are narrowing the range, which could potentially lead to a significant move, possibly triggered by the...
Good morning, everyone! GBPUSD Pair Analysis The GBPUSD pair has once again touched new lows, continuing its recent downtrend. However, there are some indications that a pullback may be in sight, especially on the H1 timeframe and below. Analyzing...
AUD.USD.D1. 0.6592. We are examining the dynamic pricing behaviour of the AUD/ USD currency pair in real time. The weekly chart of the AUD/USD shows vital levels where the pair tends to reverse. The lower boundary of the channel is around 0.6351....
Last week, the Gold market formed a range of about 200 pips, which is relatively small for Gold. Given the year-end period, significant price movements are unlikely, and the market will probably move sideways this week. Consequently, there are fewer...