AUD/USD Technical Analysis Current Price: 0.6497 Market Overview AUD/USD has shown a surprising degree of resilience over the past few sessions, now trading around the 0.6497 level. After a period of subdued movement and false starts, the pair has...
Technical Analysis of EURUSD (H4 Timeframe) Price Action Overview: The EURUSD pair recently closed at 1.1350, showing slight bullish momentum after testing a low of 1.1312. The price range for the session was between 1.1312 and 1.1360, indicating...
XAUUSD (Gold) Technical Analysis Looking at the price action, Gold experienced a significant decline in the first week of May, hitting a low of around 3100. However, the precious metal has been steadily recovering since mid-May, forming higher highs...
Market Sentiment and Trend: In this chart, the EUR/USD pair shows bullish momentum following a period of consolidation. After dropping below the pivot level at 1.12900, the market found strong buying interest and reversed to the upside. The...
Hello everyone. Currently, the chart indicates a prevailing downward trend for USDCHF, with the price primarily moving lower. The 120-period moving average (MA) is also trending downward, confirming the bearish momentum. Interestingly, the price...