Analysis of the AUD/USD Trading Pair Current Market Range The AUD/USD pair has been trading within a specific range for some time, and my analysis suggests that the pair may decline to the support level at 0.65209. Historically, this level has...
The GBP/USD currency pair recently formed an upward engulfing pattern, a bullish technical indicator that suggests the possibility of continued upward momentum. In this context, the price action indicates that buyers, or "longs," are likely to...
USD/JPY H4 Timeframe The USD/JPY currency pair. The wave structure is currently built in a downward order, the MACD indicator is in the lower sales zone and again below its signal line. After the minimum of last August was updated, a bullish...
EUR/JPY Analysis Market Dynamics The If the downward momentum persists, the first major support to watch is the February low, located at 158.06. This level has previously acted as a strong support and could once again limit further downside...
The GBP/USD pair faces a critical point at the 1.3260 balance level on Monday, a key price area that could dictate the pair's short-term direction. If the pair struggles to break above this level, it could signal a reversal, potentially pulling back...