AUD/USD technical analysis The Australian wants to stay within the 68th position despite rising raw material prices, and the dollar has yet to show any initiative. Powell emphasized yesterday that the demand for the dollar itself is essential, and...
On Friday, the EUR/USD pair continued its upward momentum, sustaining its growth despite the lack of significant economic catalysts. The euro's rise, coupled with the dollar's decline, has puzzled some traders, especially given the absence of major...
Current Market Analysis of AUD/USD Greetings and wishing you profitable trading! The AUD/USD currency pair, based on the Envelopes indicator, has approached its resistance level at 0.6711. This level is significant because it marks a potential...
The US dollar saw a significant drop against the Japanese yen during the early hours of Monday, although there appears to be an effort to stabilize. Many market participants are keeping a close eye on the ¥146 region as it remains a key area where...
BOLINGER BAND STRATEGY *Bollinger Band Strategy: A Comprehensive Guide* The Bollinger Band strategy is a popular technical analysis tool used by traders to identify volatility, trend direction, and potential buy and sell signals. Developed by John...