Technical analysis of AUDUSD Today I will start technical analysis on AUD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 0.6294 and above...
EUR/USD Analysis of the Day On the H4 chart for EUR/USD, I see a probability for movement to the north, but I note they have not yet broken above the 1.0467 level. I understand that without this break, there is no confirmation of a true northern...
GBP/USD Alright, let's break down the GBP/USD. Right now, we're looking at 1.2310 on the board, which is a bit of a mixed bag. Technically, the pair is stuck in a tight range, bouncing around like a pinball. The RSI is hovering near 50 on the...
Technical analysis of EURUSD EUR/USD market price is showing a bearish trend in the 1-hour time frame. The market price is currently below the 50-day simple moving average, and if the market price stays below this moving average, support is still...
Technical analysis of NZDUSD Today we will perform a technical analysis on NZD/USD. To understand any market, technical analysis is required, for which we employ indicators of different levels and types. If we look at the market now, the market is...