AUD/USD Technical Analysis: Today, the AUD/USD is hovering around 0.6450, consolidating after recent fluctuations. The 50-day Moving Average near 0.6485 is proving to be a strong resistance, while the 200-day MA around 0.6400 offers decent support....
The EUR/USD currency pair extended its downward trajectory for the fifth consecutive session, trading near the 1.0240 level during the Asian trading hours. This decline was primarily attributed to a strengthening U.S. dollar, fueled by robust U.S....
West Texas Intermediate (WTI), the benchmark for U.S. crude oil, experienced a period of volatility, initially trading around $74.15 per barrel on Wednesday. This price movement was influenced by several key factors. Firstly, expectations of...
Pivot Points Pivot Points are a popular technical analysis tool used in forex trading to identify potential support and resistance levels. These levels help traders gauge market sentiment and make informed decisions about entry and exit points....
The EUR/JPY hourly chart offers a detailed view of the currency pair’s price action, highlighting alternating periods of volatility and consolidation. This analysis sheds light on the underlying market dynamics and key technical indicators. Starting...
