GBP/USD Technical Analysis The GBP/USD currency pair is currently in a sell trend in the 4-hour time frame, with the market structure also supporting sellers. The price has formed a key support level near 1.2000, temporarily easing the downside...
USDCHF TECHNICAL ANALYSIS The USDCHF currency pair has experienced an increase in value since last week's trading session, but what is happening shows that the market trend is still being corrected downwards this week, but I believe the price has...
First, looking at the recent movements of the pair on the hourly chart, I can notice a general tendency for the pair to oscillate between support and resistance levels. Recently, there has been a noticeable bounce from a specific support zone, which...
The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment falls for the second month in a row Australian consumers remain...
The Australian dollar tried to rally during Tuesday's session, but gave up all of its earlier gains as US markets opened. The 0.62 level proved to be a significant resistance point, with further barriers looming at 0.63 and 0.6350. These levels are...