The AUDCHF currency pair is declining towards a significant demand area on the daily chart, after a period of consolidation in the base region. The current downward pressure has also breached the neckline of a double top pattern formation. This...
Hello, After a consolidation phase near $2,640, gold gains traction and rises to the $2,650 region. The benchmark 10-year US Treasury bond yield is lower following the release of weak macroeconomic data from the US, helping XAU/USD to rise higher....
I initially anticipated a downward scenario for the DXY (US Dollar Index), with the upward movement being viewed solely as a correction. The liquidity zone, marked by the price gap (imbalance) between the levels of 106.627 and 106.491, had been...
A Closer Look at AUD/ USD Price Movement Today's article will focus on the current behavior of the AUD/ USD currency market. Tonight there was already a good decline, but the bears couldn't hold the price; it went back inside the Bollinger bands....
The GBP/USD currency pair has been trading within a narrow range of 1.2630 to 1.2700 for the past three days. Despite a brief upward movement above the 1.2700 level, buying momentum was halted by comments from Bank of England Governor Andrew Bailey,...
