The Australian Dollar’s (AUD) rebound against the US Dollar (USD) at the start of the week highlights its resilience in the face of global economic developments. Key contributing factors to the AUD’s strength include a rise in the ASX 200 Index,...
This EUR/USD H4 chart reflects a clear downtrend over the past several months, as evidenced by the consistent series of lower highs and lower lows. The 50-period moving average (red line) acts as dynamic resistance, capping upward price movements,...
General Points about USDJPY: This is quite encouraging for USD/JPY buyers as they managed to recover their losses and break the 156.17 level yesterday. The recovery shows the strength of the bullish momentum in the market, reflecting the resilience...
NZD/USD, technical analysis. W-1 Friday's results: I transferred the long deal to overnight for Monday with a floating profit.Trading idea: Counter-trend purchase.Two options for the bulls' exit to the inclined resistance of the trend line (orange,...
As of January 26, 2025, the GBP/USD currency pair is exhibiting a bullish trend, with technical indicators suggesting potential for further upward movement. On January 24, 2025, the pair closed at 1.2479, marking a 0.81% increase for the day....
