AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is facing significant challenges against the US Dollar (USD), trading at 0.6204. This marks a continuation of the AUD's decline, which has lost 9% of its value since the start of 2024. The AUD is...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD is in an uptrend and maintains its bullish structure. The price action confirms a strong buying structure consistently creating higher highs and lows. Market Structure and Key Levels 1. Support...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.006 resistance and 1.9907 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Market Fundamentals: The Bank of Japan's (BoJ) quarterly Tankan survey revealed that business confidence among major manufacturers climbed to +14, marking its highest level since March 2022. Additionally, firms anticipate inflation to rise by 2.4%...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
