The AUD/USD has been in a downtrend, as indicated by the series of lower highs and lower lows. However, the recent price action suggests a potential reversal or consolidation phase. The pair has bounced from the 0.6200 region and is now trading at...
The currency pair is struggling to maintain momentum after a brief intraday uptick, with its recovery faltering in recent days. Earlier this week, it hit its lowest level since July, dropping to around the 157.00 mark, before attempting a modest...
TRADING CHART ON GBP USD H4. The chart provided for the GBP/USD currency pair on a four-hour timeframe presents a comprehensive picture of bearish momentum prevailing in the market. The currency pair has shown a clear downward trajectory, with...
The currency pair is currently consolidating around weekly highs, with modest losses recorded at approximately 1.2610. This movement can be attributed to thinner liquidity conditions, as US markets remain closed. Recent pressure on the US Dollar has...
XAU/USD Technical Analysis and Market Overview The XAU/USD market experienced significant volatility last week. After reaching a high of 2665 and falling to 2584, the pair closed at 2621. On the hourly chart, the price traded below the 100 simple...
