AUD/USD Technical Analysis: I'm currently watching AUD/USD trade around 0.6585, with a slightly bullish trend after bouncing off the 0.6550 support level. The 50-day SMA near 0.6600 is a key resistance, and I’m keeping an eye on the 200-day SMA at...
USD/CHF Technical Analysis: USD/CHF is hovering around 0.8700, consolidating after last week’s bearish momentum. I’ve been watching the 50-day EMA, which is acting as a resistance near 0.8725, while the 200-day EMA around 0.8800 reinforces a...
AUD/USD Forecast for January 27, 2025 Current Market Observations On Friday, the Australian Dollar (AUD) appears to show weak or erroneous signals as it has failed to maintain its balance and has dropped below the MACD indicator line. During the...
USD/CAD Outlook Analysis Pressure on the Canadian Dollar (CAD) The Canadian Dollar (CAD) is currently under significant pressure, primarily due to anticipated tariffs from the U.S. and other economic factors. Starting from February 1, a 25% tariff...
GBP/USD The GBP/USD market is in a bearish trend, with the price trading around 1.24565. The resistance level of 1.25000 was tested earlier, but the price recovered and started declining. The GBP/USD market tests the 20 SMA level on the hourly...
