Tag: Technical analysis
AUDUSD Drops to 2-month Low: Expert Analysis and Forecast
AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
Key Considerations for Markets as July Trading Comes to a Close
As July trading comes to a close, traders are keeping a close eye on several key considerations in the markets. The Australia Q2 CPI...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
Weekly USD/JPY Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY pair experienced a decline from 161.94 to 151.93 last week before bouncing back after briefly breaking through the 151.98 resistance turned support...
EUR/USD struggles to break above 1.09 resistance in light Friday trading
The EUR/USD pair experienced a slight uptick on Friday, although it remained in negative territory for the week overall. Market sentiment has been primarily...
Forex and Cryptocurrency Forecast for Successful Trading
The currency market is set to experience significant events in the upcoming week, with important meetings scheduled for Wednesday and Thursday. The Bank of...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
The EUR/USD pair experienced a dip to 1.0825 last week but has since been moving sideways. The initial bias for this week remains neutral,...
Forexlive Weekly Market Outlook: 29-02 August
Upcoming events in the financial market for this week include a range of economic indicators and policy decisions that could impact various currencies and...
NZD/USD Price Analysis: Bears Pause with Clear Dominance
In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a...
Technical Analysis of Major Currency Pairs for the Upcoming Trading Week
Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with...