The AUD/USD pair has shown resilience despite a stronger US Dollar, recovering from two consecutive daily losses and approaching the 0.6300 level. However, caution is warranted from a technical standpoint. The pair faces critical support at 0.6087,...
The EUR/USD pair extended its decline for the third consecutive day, driven by a strong recovery in the US Dollar, which gained additional momentum following President Trump's announcement of new tariffs over the weekend. The pair retreated from...
The EUR/GBP pair experienced a slight upward movement on Monday, climbing to 0.8330, but the overall trend remains bearish as the pair continues to struggle below the 100-day Simple Moving Average (SMA). This key technical level has acted as a...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
