AUD-USD PAIR FORECAST The upward movement of the AUDUSD pair on Monday - Tuesday seems to have failed to continue testing resistance (R1) 0.6697. Even though the price managed to pass the EMA 50 and pivot point (PP) 0.6645, the upward rally stopped...
USD/JPY technical analysis The price for this week's trading started with an upward gap, then fell to close it, then began to rise once again, and continues to trade within a series of price channels that reflect the price movement over the past two...
The pair experienced a trimming of gains near the 157.00 mark during the early Asian session on Friday. This movement comes in the wake of softer-than-expected US CPI inflation data, which has exerted selling pressure on the US Dollar (USD)....
EUR/USD: The EUR/USD currency pair has been showing significant movement in recent trading sessions, presenting a strong sell signal based on both daily and half-hour charts. Let’s delve deeper into the technical analysis to understand the current...
GBPUSD The market closing above 1.7500 indicates that prices will continue to rise towards 1.2600. The third resistance level is 1.2700, reaching this level indicates a strong uptrend. This move not only shows strong sentiment, but also shows that...