Tag: Foreign Exchange Market

The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates a potential bearish reversal in the near term. The initial...

There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...